2029) were also unchanged at 2.0%. Respondents continued to expect a strengthening of real GDP growth from a modest 0.7% in …. Longer-term GDP growth expectations were unchanged at 1.3%. Respondents expected the unemployment rate to increase to an …

2029) were also unchanged at 2.0%. Respondents continued to expect a strengthening of real GDP growth from a modest 0.7% in …. Longer-term GDP growth expectations were unchanged at 1.3%. Respondents expected the unemployment rate to increase to an …

We investigate the role of the judicial system on whether or not the firms obtain the credit they applied for, by … the Survey on the Access to Finance of Enterprises (European Central Bank) and data from the World Bank, the Heritage … property rights protection), the lower the probability that the firms are credit constrained. Our results are robust to …

demand and credit contraction triggered by the global Great Recession of 2009. The analysis reveals that cost reduction …

Federal Reserve Board to monitor the financial crisis of 2008-9 and the interaction with real activity, inflation and monetary …

Contractions in credit supply can lead firms to reduce their level of employment, yet little is known about how these … affects credit provision and its effects on employment beyond firm-level aggregates. To do so, we use a novel dataset built … particularly exposed to the 2008-09 financial crisis cut lending to firms, and firms were unable to fully compensate with financing …

during the recent crisis. Banks in worse financial health are more likely to restrict access to credit lines following a …We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … financial health of lenders. Following a violation banks restrict usage of lines of credit by raising spreads, shortening …