Trade credit is reciprocal in that firms grant credit to customers and also accept credit from suppliers, but the … literature. Panel data regression analysis is used in the estimation of functions relating the effects of trade credit channel … and net trade credit on performance. The results of a panel of 1,708 firms over the period 2003-2012 show a positive …

growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit … would bring about. We explore this growth mechanism using a large-scale program to expand the supply of credit to small and … medium enterprises in Brazil. Local credit supply shocks generate greater firm entry but also greater exit with no effect on …

We employ a unique data set that tracks the changes of each lender's share commitment in each syndicated credit … facility in each year to study the relationship between credit cuts and the borrowing firms' future performance. Overcoming the … between different types of credit cuts (e.g., credit sale vs. credit reduction, loan sale vs. loan reduction, credit cuts by …