Fukuda, Shin-ichi; Kasuya, Munehisa; Akashi, Kentaro - East Asian Bureau of Economic Research (EABER) - 2007
The purpose of this paper is to investigate the role of trade credit during the banking crisis in Japan. Trade credit … Japan when the banking sector was healthy, but broke down during the banking crisis. More precisely, both bank loans and … the widespread declines of credit to small and medium size firms in Japan during the banking crisis. …