Ferrando, Annalisa; Ganoulis, Ioannis; Preuss, Carsten - In: Review of Behavioral Finance 13 (2020) 4, pp. 370-385
Purpose: This paper explores how firms formed their expectations about the availability of bank finance since the financial crisis. Various expectations hypotheses that incorporate backward and/or forward-looking elements and inattention are tested. From a policy perspective, the most important...