Listagem Banking e desenvolvimento econômico / RP por autor "Norden, Lars"

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    • The real effects of bank-firm relationships 

      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 ...

    • 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 ...