Conference on the SME Lending Market, 2 March 2012 

The Central Bank of Ireland hosted a conference entitled  'The Irish SME Lending Market: Descriptions, Analysis, Prescriptions' on Friday 2nd March 2012.  This conference combined work by Central Bank of Ireland researchers on the Irish SME lending market with research from international experts in the area.

Conference Programme

 

9.00 – 9.15

Opening Address:  Patrick Honohan, Governor, Central Bank of Ireland

Opening Address.pdf

9.15 – 11.00

Session 1: Irish SMEs: stylised facts on the real economy and credit market

Chair:  Paul Walsh, University College Dublin

Paper 1:

Small and Medium Enterprises:  lessons from business in Ireland 2009

Barra Casey and Steve MacFeely, Central Statistics Office

Paper.pdf    Presentation.pdf 

Paper 2:

SMEs in Ireland:  stylised facts from the real economy and credit market

Martina Lawless, Fergal McCann and Tara McIndoe-Calder, Central bank of Ireland

Paper.pdf    Presentation.pdf

Paper 3:

Bank Competition through the credit cycle: Implications for SME financing

Fergal McCann and Tara McIndoe-Calder, Central bank of Ireland

Paper.pdf    Presentation.pdf

Paper 4:

The Irish SME lending market – a snapshot, December 2010

 

Martina Lawless and Fergal McCann

Paper.pdf    Presentation.pdf

 

Discussant:  Helena Lenihan, University of LImerick

11.15 – 11.30

Coffee

11.30 – 12.30

Session 2:  Key-note lecture

Gregory Udell, Kelley School of Business , Indiana University   

Paper.pdf    Presentation.pdf

12:30 – 13.45

lunch

13:45 – 15.30

Session 3:  Credit access

Chair:  Kieran McQuinn, Central Bank of Ireland

Paper 1:

Lending relationships and credit rationing:  the impact of securitization

Santiago Carbo-Valverde, University of Granada

Paper.pdf    Presentation.pdf

Paper 2:

Credit demand, supply and conditions: A tale of three crises

Sarah Holton, Martina lawless and Fergal McCann, Central Bank of Ireland

Paper.pdf    Presentation.pdf

Paper 3:

Foreigners vs. natives:  Bank lending technologies and loan pricing

 

Thorsten Beck, University of Tilburg

Presentation.pdf

 

Discussant:  Cristoffer Kok-Sorsensen, European Central Bank

15.30 – 15.45

Coffee

15.45-17.30

Session 4:  Financial constraints, loan performance

Chair:  Stefan Gerlach, Deputy Governor, Central Bank of Ireland

Paper 1

Determinants of SME Loan Default:  The importance of borrower heterogeneity

 

Fergal McCann and Tara McIndoe-Calder, Central bank of Ireland

 Paper.pdf    Presentation.pdf

Paper 2

Are small business financially constrained? A new test with evidence from the UK Survey of SME Finances

 

Stuart Fraser, Warwick Business School

Presentation.pdf

Paper 3

Drivers of default:  Evidence from a sector-level panel of Irish SME loans

 

Martina Lawless and Fergal McCann, Central Bank of Ireland

Paper.pdf    Presentation.pdf

 

Discussant:  Brian O’Kelly, Dublin City University

Click here to download a copy of the conference programme (PDF format).