Interenterprise Credit and Adjustment during Financial Crises : The Role of Firm Size
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DOI: 10.1111/jmcb.12557
Abstract: Analyzing a large firm-level database for European countries, the paper shows that during the Great Recession trade credit amplified the liquidity squeeze on SMEs induced by the contraction of bank credit. Because of their generally… read more here.
Keywords: credit adjustment; trade credit; credit; financial crises ... See more keywords