Browsing CBFR - Center for Banking and Finance Research in Rio (FGV EBAPE) / RP by Subject "Sociedades comerciais - Finanças"

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    • Substitution effects in SME finance 

      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 ...