16th Annual DNB Research Conference ‘The Impact of Credit on the Dynamics of SMEs’, De Nederlandsche Bank, 17-18 October 2013
This conference brought together leading researchers from central banks and academia to discuss how frictions in the credit market affect the economics of small and medium sized enterprises (SMEs). The negative effect of the global financial crisis on credit to firms has reignited the debate about the impact of banks’ funding constraints on the overall performance of SMEs, which typically have limited access to alternative sources of credit.
Therefore, the conference focused on two main questions: 1) What is the role of credit in shaping various aspects of the dynamics of SMEs? and 2) Should policy measures be targeted to SMEs, and if so, how? Detailed information can be found in the programme.
Gregory Udell (Indiana University)
Andrea Caggese (University Pompeu Fabra)