transparency and amendment characteristics halt the number of renegotiation rounds while the credit crisis of 2008 has the opposite …

Using panel firm-level data, this paper analyses the main factors affecting firms' access to bank credit in eleven Euro … Area countries over the period 2014-2016. We focus on firm's loan demand behaviour and on bank's actual credit granting … decision, using alternative measures of credit constraints and controlling for endogenous sample selection and individual …

This paper studies the effect of the 2008 financial crisis on trade credit and bank credit for a sample of 1982 firms … in thirteen countries in Western Europe. We find that net trade credit decreases gradually for the whole period. On the … other hand bank credit stays stable for the first 2 years of the studied period (2006-2010), increases when the crisis …

We examine the impact of bank competition on firms' access to credit using a large panel of 900 banks matched to almost … hypothesis whereby low inter-bank competition worsens firms' credit conditions. Specifically, we find that higher bank market … power is associated with lower short and long-term bank credit, higher reliance on trade credit and higher funding costs for …

The study aims to investigate the impact of credit growth on the Maastricht criteria targeting process in the new … to maintain credit growth levels close to economic growth potential. …

corruption, may affect the access to credit for micro, small, and medium-sized enterprises (MSMEs). Using a sample of 68 …-quality institutional environment on the access to credit by small firms. …

This study addresses the relationship between product innovation and the demand and supply of trade credit. Theoretical … credit demand and supply. Using a sample covering SMEs from 24 European countries this relationship is tested empirically … of trade credit for SMEs. Innovative firms have a higher probability to face credit constraints and therefore have a …