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Exchange rate depreciations and local business cycles : the role of bank loan supply
Beck, Thorsten; Bednarek, Peter; Kaat, Daniel Marcel te; … - 2021
This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in lending can be explained by a shift in credit towards both...
Persistent link: https://www.econbiz.de/10012792736
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Patents and R&D : an econometric investigation using applications for German, European and US patents by German companies
Licht, Georg; Zoz, Konrad - 1996
Based on the data of the first wave of the Mannheim Innovation panel, this paper explores the link between R …&D expenditures and patents. Our data allow a detailed analysis of the firm size distribution of R&D and patent applications at … different patent offices. It is shown that the share of R&D performing firms is strictly increasing with firm size. The share of …
Persistent link: https://www.econbiz.de/10011621718