Bricongne, Jean-Charles; Fontagné, Lionel; Gaulier, … - European Central Bank - 2010
firms, matching together export data with firm-level credit constraints, shows that most of the 2008-2009 trade collapse is … altogether. Credit constraints, on their part, emerged as an aggravating factor for firms active in sectors of high financial … dependence. Nonetheless, as the share of credit constrained firms is small and their number did not increase much during the …