To what extent does the availability of credit depend on monetary policy? And, does this relationship vary with bank …

borrower characteristics as well as internal and external credit scores. Our results suggest that relationships of all kinds …

We show that FinTech lending affects credit markets and real economic activity using a unique data set of a Peer … businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their …

-2009, we show that firms use the trade credit channel to manage growth. In countries where the trade credit channel is more … financial market imperfections, and therefore more likely to be financially constrained, rely more on the trade credit channel … the trade credit channel for growth …

Using a unique data set on trade credit defaults among French firms, we investigate whether and how trade credit is … on trade credit, especially when the shocks are unexpected, firms have little liquidity, are likely to be credit … constrained or are close to their debt capacity. We estimate that credit constrained firms pass more than one fourth of the …

Using a unique data set on trade credit defaults among French firms, we investigate whether and how trade credit is … on trade credit, especially when the shocks are unexpected, firms have little liquidity, are likely to be credit … constrained or are close to their debt capacity. We estimate that credit constrained firms pass more than one fourth of the …

This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …