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dc.contributor.authorPreve, Lorenzo
dc.contributor.authorInessa, Love
dc.contributor.authorSarria-Allende, Virginia
dc.date.accessioned2017-02-16T13:30:48Z
dc.date.available2017-02-16T13:30:48Z
dc.date.issued2003
dc.identifier.citationLove, I., Preve, L. A., & Sarria-Allende, V. (2007). Trade credit and bank credit: Evidence from recent financial crises. Journal of Financial Economics, 83(2), 453-469.en_US
dc.identifier.urihttps://riu.austral.edu.ar/handle/123456789/369
dc.description.abstractThis paper studies the effect of financial crises on trade credit for a sample of 890 firms in six emerging economies. Although the provision of trade credit increases right after a crisis, it contracts in the following months and years. Firms that are financially more vulnerable to crises extend less trade credit to their customers. We argue that the decline in aggregate trade credit ratios is driven by the reduction in the supply of trade credit that follows a bank credit crunch, consistent with the ‘‘redistribution view’’ of trade credit provision, whereby bank credit is redistributed via trade credit from financially stronger firms to weaker firms.en_US
dc.language.isoenen_US
dc.publisher"Financial Market Development and emerging and transition economies. Hyderabad, India. "en_US
dc.subjectEmerging marketsen_US
dc.subjectFinancial crisesen_US
dc.subjectTrade crediten_US
dc.titleTrade credit and bank credit: Evidence from recent financial crisesen_US
dc.typeLearning Objecten_US


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