Trade Credit and Bank Credit : Evidence from Recent Financial Crises

Trade Credit and Bank Credit : Evidence from Recent Financial Crises

The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the following months and years. The authors observe that firms with we...

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Bibliographic Details
Main Authors: Love, Inessa, Preve, Lorenzo A., Sarria-Allende, Virginia
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ASSETS
BALANCE SHEET
BALANCE SHEETS
BANK CREDIT
BANK LENDING
BORROWING
BUSINESS CYCLES
CORPORATE FINANCE
DEBT
DEVALUATION
ECONOMIC ACTIVITY
EMERGING MARKETS
EQUILIBRIUM
EXCHANGE RATE
EXPLOITATION
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL INTERMEDIARIES
FINANCIAL INTERMEDIARY DEVELOPMENT
FINANCIAL MARKETS
FINANCIAL POLICIES
FINANCIAL STRENGTH
FUELS
FUTURE RESEARCH
GDP
GROWTH RATE
ILLIQUIDITY
INSURANCE
INTEREST RATES
INTERNATIONAL FINANCE
INTERNATIONAL INVESTORS
LABOR COSTS
LIQUIDITY
MACROECONOMICS
MARKET VALUE
MONETARY POLICY
NET ASSETS
NET SALES
PROFITABILITY
PUBLIC POLICY
REGRESSION ANALYSIS
REORGANIZATION
TERMS OF TRADE
TRADE CREDIT
TRADE CREDITORS
Online Access:http://documents.worldbank.org/curated/en/2005/09/6284707/trade-credit-bank-credit-evidence-recent-financial-crises
http://hdl.handle.net/10986/8274

Internet

http://documents.worldbank.org/curated/en/2005/09/6284707/trade-credit-bank-credit-evidence-recent-financial-crises
http://hdl.handle.net/10986/8274

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