Post-crisis banking regulations increase large firms’ funding advantage – paper
Paper presents model of large and small firms
A working paper published by the Banque de France looks at the impact of new banking regulations on small and large firms' access to funding.
Olivier de Bandt and Mohammed Chahad's A DGSE model to assess the post-crisis regulation of universal banks incorporates both a real and a financial sector.
In the model, universal banks grant credit and also invest in corporate and sovereign bonds. Small companies finance themselves through bank loans, while larger companies are financed through a mixture
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