Dimelis, Sophia; Giotopoulos, Ioannis; Louri, Helen - Bank of Greece - 2013
. However, post-2008, the credit crunch seems to seriously affect only slow-growth firms and especially those operating in … credit crunch exhibits a strong impact on small firms only. Separate estimates for more and less financially developed … economies show that the credit crunch matters mainly in countries with a lower degree of financial development. Moreover, our …