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Directory Results for Public Guarantees and Private Banks Incentives. This paper shows that private incentives influence the allocation of public guaranteed lending (PGL), resulting in weaker banks shifting riskier corporate loans risk to taxpayers. We exploit data from t to Public Guarantees for Small Businesses in Italy during Covid-19

Public Guarantees and Private Banks Incentives. This paper shows that private incentives influence the allocation of public guaranteed lending (PGL), resulting in weaker banks shifting riskier corporate loans risk to taxpayers. We exploit data from t
Public guarantees for bank lending in response to the ...
Public Guarantees for Small Businesses in Italy during Covid-19