their investment more after the crisis. This negative effect is stronger for firms linked to weak banks with exposures to … corporate investment. …

their investment more after the crisis. This negative effect is stronger for firms linked to weak banks with exposures to … corporate investment …

their investment more after the crisis. This negative effect is stronger for firms linked to weak banks with exposures to … corporate investment. …

We quantify the role of financial factors that have contributed to sluggish investment in Europe in the aftermath of … investment in the aftermath of the crisis can be linked to higher leverage, increased debt service, and having a relationship … with a weak bank--once we condition on aggregate demand shocks. Second, the relation between leverage and investment …

We quantify the role of financial leverage behind the sluggish post-crisis investment performance of European firms. We … investment more after the crisis. This negative effect is stronger for firms holding short-term debt in countries with sovereign … stress, consistent with rollover risk being an important channel influencing investment. The negative effect of firm leverage …