the euro area during the sovereign debt crisis, and in credit developments characterising the post-crisis recovery … strong determinants of credit rejections, in the crisis period bank weakness made it harder to obtain external finance for …This paper uses a unique dataset where credit rejections experienced by euro area firms are matched with firm and bank …

The US credit boom has been identified as one of the causes of the global financial crisis and the resulting debt … overhang is seen as the primary reason for the weak economic recovery. Most of the existing literature links the credit boom to … financial accounts data, it is estimated that, shortly before the onset of the financial crisis, just about 12% of loans to the …