Informality and Bank Credit : Evidence from Firm-Level Data

Evidence from Firm-Level Data

Informality and Bank Credit : Evidence from Firm-Level Data
The paper relies on a firm-level data on transition economies to examine the relationship between informality and bank credit. We find evidence that informality is robustly and significantly associated with lower access to and use of bank credit. We also find that higher tax compliance costs reduce firms' reliance on bank credit, while a stronger READ MORE...

Publication date: April 2008
ISBN 9781451869552
$18.00

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