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Banking Union is crucial for European integration, ensuring financial stability in the single market for financial services. The Court of Justice of the European Union (CJEU) plays an essential role in interpreting and enforcing the legal framework of the Banking Union, especially regarding the...
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private/public-sector guarantors of institutions, expect an appropriate risk-adjusted return in exchange for the financing and … risk-bearing that they provide. Customers of a financial intermediary, in contrast, provide financing in exchange for a …
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private/public-sector guarantors of institutions, expect an appropriate risk-adjusted return in exchange for the financing and … risk-bearing that they provide. Customers of a financial intermediary, in contrast, provide financing in exchange for a …
Persistent link: https://www.econbiz.de/10013021033
We analyze the impact of decreases in available lending resources on quantitative and qualitative dimensions of firms' patenting activities. We thereby make use of the European Banking Authority?s capital exercise to carve out the causal effect of bank lending on firm innovation. In order to do...
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