【正文】
the study shows that loan guarantee programs can be an effective means of supporting startup, growth, and survival of new and risky enterprises. The work finds that substantial total and incremental job creation may be attributed to the Canadian loan guarantee paper reviews previous attempts to conduct costbenefit analyses of loan guarantee finds wide variation, internationally, in default rates. Published data suggests default rates 1 vary from less than 5% (Germany) to more than 40% (.). The empirical analysis reported here focuses on the Canadian implementation of loan guarantees, the Small Business Loans Act (SBLA). Findings include (1) loan guarantees granted under the terms of the SBLA provide an extremely efficient means of job creation, with very low estimated costs per job。中小企業(yè)實(shí)質(zhì)性的成長(zhǎng)需要資本擴(kuò)張。類似的 計(jì)劃,實(shí)際上,在其他國(guó)家例如 加拿大,日本,英國(guó),韓國(guó)和德國(guó) 都存在。貸款擔(dān)保計(jì)劃書有各種各樣的設(shè)計(jì)樣式。最后,研究表明,貸款擔(dān)保計(jì)劃是支持本身具有風(fēng)險(xiǎn)的新型企業(yè)發(fā)起、存在和生存的有效方式。公布的數(shù)據(jù)表明,違約率從不到 5%(德國(guó))到超過 40%(英國(guó))。 此外,對(duì)貸款人的動(dòng)機(jī)分析表明擔(dān)保貸款組合的違約率和履行擔(dān)保的成本對(duì)保證水平特別敏感。