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    • Cyclicality of SME Lending and Government Involvement in Banks 

      Behr, Patrick Gottfried; Foos, Daniel; Norden, Lars (EBAPE - Escola Brasileira de Administração Pública e de Empresas, 2015-11-06)
      Recent regulatory efforts aim at lowering the cyclicality of bank lending because of its potential detrimental effects on financial stability and the real economy. We investigate the cyclicality of SME lending by local ...