... ‘Bankruptcy and Small Firms’ Access to Credit,’ RAND Journal of Economics, 35, 69-84. Brown, M., Jappelli, T., and Pagano, M. (2009), Information Sharing and Credit: Firm-Level Evidence from Transition ... graduated from college (COLLEGE); (8) the logarithm of the sum of the value of financial assets (bank and postal deposits and investment securities) and the value of real assets (land and housing) ... and X are economic and demographic household characteristics that affect loan supply and demand, and E are three dummy variables (1st Enforcement Quartile, 2nd Enforcement Quartile, and...