EIB Working Paper 2021/09 - Market finance as a spare tyre? Corporate investment and access to bank credit in Europe

We estimate a FAVAR with Bayesian techniques in order to investigate the impact of loan supply conditions on euro area corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact restrictions. Although tightened financial conditions ha...

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Autor principal: European Investment Bank (auth)
Formato: Recurso Electrónico Capítulo de Livro
Idioma:inglês
Publicado em: European Investment Bank 2021
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Acesso em linha:DOAB: download the publication
DOAB: description of the publication
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