Cornille, David; Rycx, François; Tojerow, Ilan - 2017
investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the … credit. Estimates suggest that SMEs borrowing money from pre-crisis less healthy banks were significantly more likely to be … affected by a credit constraint and, in turn, to adjust their labour input downwards than pre-crisis clients of more healthy …