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credit borrowing? We first provide evidence suggesting that - even in Germany - particularly weak banks used the European … credit risk. Second, we show that zombie firms, which obtained additional funding from banks relying to a larger extent on … third, zombie firms that obtained further bank funding and such trade credit after the VLTROs had an elevated expected …
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the impact of a large credit support program deployed in Peru in 2020 (Reactiva Peru'). We examined real outcomes such as …
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Credit from suppliers is an important source of finance for firms. It can sustain firms' financial flexibility even in … how local financial development affects the trade credit policies of SMEs and how this effect is conditioned by the degree … of judicial enforcement. Given that trade credit can be a substitute for bank financing, we find that firms make more use …
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Using news-based government economic policy uncertainty (EPU) index of Baker et al. (2016) and bank-level data from 17 countries over the period 1998-2012, we find that government economic policy uncertainty has significant positive association with interest rates on bank gross loans....
Persistent link: https://www.econbiz.de/10012859755
margin. This study contributes valuable insights into the efficacy of public credit support programs during crises …
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