What began as a financial crisis in the United States in 2007–2008 quickly evolved into a massive crisis of the global … that banks that suffered losses due to proprietary trading activities at the onset of the financial crisis reduced their … lending more strongly than non-affected banks. In the second stage, we find that firms whose relationship banks reduce credit …

What began as a financial crisis in the United States in 2007-2008 quickly evolved into a massive crisis of the global … that banks that suffered losses due to proprietary trading activities at the onset of the financial crisis reduced their … lending more strongly than non-affected banks. In the second stage, we find that firms whose relationship banks reduce credit …

financialization and the financial crisis, topics that have increasingly gained attention since the crisis and the discussion on the …Introduction -- The Historical Development of the German Financial System -- The Growth of Finance and its Role since … -- Financialization and Income Distribution -- Crisis and Macroeconomic Policies -- Final Conclusions …