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  • The impact of credit supply on firm performance [Elektronski vir] : micro-evidence from Slovenia
    Volk, Matjaž
    In this paper I estimate the impact of credit supply on real economic outcomes measured with firm investment, sales and employment. Using detailed credit regis-ter data I identify the credit supply ... shocks as a series of bank-time fixed effects while controlling for loan demand factors with firm-time fixed effects. I find positive impact of credit supply on investment, sales and number of employees for a sample of Slovenian firms in the period 2000-2020. Further, credit supply shocks have a higher impact on the performance of smaller firms as these are usually more bank-dependent and thus the cut of bank lending affects them more. I also find that credit supply has a larger impact in crisis times, like during the 2009-2013 economic-banking crisis and in 2020 when the Covid-19 pandemic erupted.
    Vrsta gradiva - e-knjiga ; neleposlovje za odrasle
    Izdaja - Electronic ed.
    Založništvo in izdelava - Ljubljana : Banka Slovenije, 2023
    Jezik - angleški
    ISBN - 978-961-6960-75-5
    COBISS.SI-ID - 145581059

    Povezava(-e):

    https://bankaslovenije.blob.core.windows.net/publication-files/pa_the-impact-of-credit-supply-on-firm-performance.pdf
    Digitalna knjižnica Slovenije - dLib.si

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