In fact, interest rate spreads on SME loans compared with those for large non-financial companies have widened to an average of 40 basis points since 2010. Finally, the crisis has brought to the fore the spatial (or geographical) dimension. Euro area countries suffered different fates during the crisis.
To this end, financial service providers such as insurers have traditionally utilized “the law of large numbers,” a rule assuming that as the number of samples increases, the average figure of these samples, such as average life expectancy, becomes more predictable. The same is considered to be true for fertility.