This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … generations of entrepreneurs under complete and incomplete credit markets. Then, we exploit firm-level data for France, Germany … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We …

and firm-specific measures of upstream and downstream exposure, we construct firm-specific exogenous credit supply shocks … and estimate their direct and indirect effects on real activity. Credit supply shocks have sizable direct and downstream … corroborate the importance of network effects in quantifying the real effects of credit shocks and show that real effects vary …