Dwenger, Nadja; Fossen, Frank M.; Simmler, Martin - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 82 (2015) 40, pp. 899-903
How important are bank loans for corporate investment? A joint research paper by DIW Berlin, University of Hohenheim … their credit supply. As a consequence, firms have to downsize their investment spending and labor employment. This way, bank … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …
