indicates that Danish firms' credit demand is relatively limited, and that they have relatively good access to finance in …

ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …

ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …

ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …

ratio of bank credit over the GDP. Banks thus push firms away from exports that are facing an uphill battle on a competitive … foreign market due to a suboptimal use of the domestic factor endowment. Our results imply a disciplining role for bank credit … in terminating inefficient trade flows. This constitutes a new channel through which finance improves resource allocation …

relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …

financial crisis 2008/2009 on their business customers’ innovation activity. Using a matched bank-firm data set for Germany, we … find that having relations with a more severely affected bank seriously hampers firms’ current innovation activities due to … funding shortages. Furthermore, we find that firms with a relationship to a less severely affected bank are more likely to …

effect is particularly pronounced for firms that are affected by financing constraints on the firm or bank side. Finally, our …

relation to a bank with higher interbank market reliance reduce their innovation activities during the financial crisis to a …

determined by (i) the specific time period (crisis vs. non-crisis) and (ii) the balance sheet strength of the firm's main bank in … terms of bank capital. Results of difference-in-differences estimations utilizing three time periods: 2002-2006 (pre …