Dwenger, Nadja; Fossen, Frank M.; Simmler, Martin - 2015 - First version: February 14, 2015, This version: September 25, 2015
transmission of bank distress to the real economy - in particular, to real investment and labor employment by nonfinancial firms … real economy. We investigate the importance of the bank lending and firm borrowing channel in the international …-level financial statements for the 2004-2010 period together with the financial statements of each firm's relationship bank(s). We use …