Essays about: "Jan Litjens"

Found 1 essay containing the words Jan Litjens.

  1. 1. Securitisation and SME credit availability in the EU

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Jan Litjens; [2019]
    Keywords : Assets securitisation; SME financing; Capital Markets Union; Business cycles;

    Abstract : This paper analyses the relationship between securitisation and SME financing through the bank lending channel in combination with the procyclicality of both. Using securitisation issuance data on a national level, panel survey data on SME financing conditions at the firm level, and the output gap as a proxy for the business cycle, I find that both securitisation and SME credit availability are procyclical. READ MORE