Bank dependence and investment during the financial crisis
Philip Vermeulen ()
Research Bulletin, 2012, vol. 17, 12-14
The recent financial crisis has renewed interest in the role of bank credit in the economy. In the euro area, credit from financial institutions is an especially important source of finance for firms. In this article we investigate the collapse of investment during the financial crisis and the role of constraints on bank credit in this collapse, in particular for bank-dependent firms. JEL Classification: E22, E44, G01
Keywords: corporate investment; financial crisis; credit crunch (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbrbu:2012:0017:3
Access Statistics for this article
More articles in Research Bulletin from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().