TY - JOUR TI - Cuantificación de la importancia del Fondo Nacional de Garantías en la movilización de créditos a las pymes JO - ESTUDIOS GERENCIALES;Vol. 30 No. 130 PB - Universidad Icesi PY - 2014 AB - This paper claims to establish and measure the impact that the guarantee provided by the National Guarantees Fund (Fondo Nacional de Garantías) has on the flow of credit to Small and Medium Enterprise (SMEs). Based on information provided by Asobancaria, Superintendencia Financiera and the National Guarantees Fund for the period 2003: I to 2010: III, an econometric model was estimated using a dynamic ordinary least square estimation. The empirical results show that the guarantee given by the National Guarantees Fund influences in the volume of loans to the SMEs. However, its economic influence is not significant. KW - Facultad de Ciencias Administrativas y Económicas KW - Producción intelectual registrada - Universidad Icesi KW - Asimetría de información KW - Crédito KW - Pymes KW - Information asymmetric KW - Credit rationing KW - Estudios Gerenciales UR - http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/1760 ER -