Firms’ financial and real responses to credit supply shocks: Evidence from firm-bank relationships in Germany
We investigate the importance of firm-bank relationships for the international transmission of bank distress to the real economy. Using a large panel of matched financial statements of firms of all sizes and their relationship banks in Germany, we find that banks with losses from proprietary trading...
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| Aineistotyyppi: | Journal article |
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Elsevier
2018
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