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    An analysis of the effects of the severance payment reform on credit to Italian SMEs

    Description The purpose of this paper is to study the impact of the 2007 Italian severance payment reform on the cost and the access to credit for small- and medium-sized enterprises (SMEs). Journal of Financial Economic Policy An analysis of the effects of the severance payment reform on...
    • jasminepvk
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    • credit constraints italy legislation moral hazard severance payment small to medium-sized enterprises
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    • Forum: Derivatives
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