new dataset to document the relationships between firms' financial and financing conditions and their productivity …

We investigate the effect of sovereign stress and of unconventional monetary policy on small firms' financing patterns …

In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms … financing obstacles also during the recent financial crisis. Our results show that only age and ownership are robust explanatory … variables for firms’ perceived financing obstacles while mixed results are found for size and economic branches …

This paper investigates the financing conditions of non-financial corporations in the euro area. We develop a new firm … suggest that the propensity to save cash out of cash flows is significantly positive regardless of firms' financing conditions …. This implies that even for firms with favourable external financing conditions, the internal cash flow is used in a …

corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact …