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 …

the impact of a large credit support program deployed in Peru in 2020 (Reactiva Peru'). We examined real outcomes such as …

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 …

margin. This study contributes valuable insights into the efficacy of public credit support programs during crises …