Crédito y desarrollo económico

Spanish companies enjoy lower bank borrowing costs than their Eurozone peers, with neither the size of the loan nor the company significantly impacting costs. While micro firms face slightly more obstacles in obtaining loans, the size penalty is far less significant in Spain, making access to finance a relatively minor concern across all business sizes.

Este artículo analiza las condiciones en el acceso a la financiación bancaria de las empresas españolas, mostrando las diferencias que hay por tamaño y con la eurozona.

This paper offers a general analysis of the economics of Income Contingent Loans, followed by an application to Spain.