During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … others: lending to female firms may have suffered more during the crisis than other segments of the credit market. By using … needs; on the other hand, the tightening of credit supply was the result of banks' greater risk-aversion, difficulties in …

Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet … growth during these episodes is about a third lower than during "normal" recoveries. Aggregate and sectoral data suggest that … impaired financial intermediation is the culprit. Creditless recoveries are more common after banking crises and credit booms …

Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet … growth during these episodes is about a third lower than during "normal" recoveries. Aggregate and sectoral data suggest that … impaired financial intermediation is the culprit. Creditless recoveries are more common after banking crises and credit booms …

Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet … growth during these episodes is about a third lower than during "normal" recoveries. Aggregate and sectoral data suggest that … impaired financial intermediation is the culprit. Creditless recoveries are more common after banking crises and credit booms …