small (in the order of 1%) in just 2 to 3
years and
remain small thereafter.
6 Results
6.1 Singles
First we consider the results for singles.11 Figure 2a and 2b present
graphical evidence
for kink →
at the business
collateral channel and not at the personal collateral channel. They find that
a $ 1 increase in business collateral value leads to $ 0.06 extra
investments.
2A study which is closely related →