Behr, Patrick Gottfried; Norden, Lars; Oliveira, Raquel de Freitas(2018-10-31)
We investigate whether and how bank relationships affect real economic activity. We base our analysis on matched credit and labor data from Brazilian firms during 2005-2014. We document that firms with more bank relationships ...
Norden, Lars; Kampen, Stefan van; Illueca, Manuel(2018-03-20)
We investigate whether SMEs with demand for credit increase their trade credit usage after they experience a negative shock to bank credit. We base our analysis on a large sample of SMEs from the five biggest European ...
