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Combining in-house research and work by leading academics, this report assesses how the crisis has impacted investment …. It explains why and where investment has declined, looking at the impact of structural imbalances, policy uncertainty …
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Using Swedish bank lending data, investment data and accounting data, I examine how the financial crisis affected … corporate investment through its effect on credit availability. Sensitivity to a credit supply shock is measured as credit … reserves, defined as unused credit on lines of credit. I find that firms with low credit reserves reduced investment …
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This paper analyzes whether the financial distress of a firm affects the investment decisions of non … the industry and hence restricting credit access and investment. These average negative effects continue to hold in the …
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