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all loans granted in Spain. We find that during the period analyzed both worse economic and tighter monetary conditions … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …
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Netherlands and Spain). The results indicate that financial position is important to explain capital expenditures, as financial …
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We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked ….5 percentage points due to weak-bank attachment, representing between 8% and 36% of aggregate job losses. …
Persistent link: https://www.econbiz.de/10010223447
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked ….5 percentage points due to weak-bank attachment, representing between 8% and 36% of aggregate job losses. …
Persistent link: https://www.econbiz.de/10010225894
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