Eck, Katharina; Engemann, Martina; Schnitzer, Monika - In: Review of World Economics (Weltwirtschaftliches Archiv) 151 (2015) 1, pp. 73-101
<Para ID="Par1"> Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our analysis focusses on cash-in-advance financing. With the help of a theoretical model, we show that firms intensively use...</para>
