30,23 €
33,59 €
-10% with code: EXTRA
International Finance Discussion Papers
International Finance Discussion Papers
30,23
33,59 €
  • We will send in 10–14 business days.
This paper studies the role of the credit crunch in the severe contraction of economic activity during the 2008-09 global financial crisis, using firm-level data from six emerging Asian economies. After controlling for the effect of falling demand, we find that sales declined by less for firms with better pre-crisis financial conditions. Amid the decline in external financing opportunities, some firms relied more on trade credit from suppliers during the crisis, which allowed them to post relat…
33.59
  • Publisher:
  • ISBN-10: 1288724683
  • ISBN-13: 9781288724680
  • Format: 18.9 x 24.6 x 0.2 cm, minkšti viršeliai
  • Language: English
  • SAVE -10% with code: EXTRA

International Finance Discussion Papers (e-book) (used book) | bookbook.eu

Reviews

Description

This paper studies the role of the credit crunch in the severe contraction of economic activity during the 2008-09 global financial crisis, using firm-level data from six emerging Asian economies. After controlling for the effect of falling demand, we find that sales declined by less for firms with better pre-crisis financial conditions. Amid the decline in external financing opportunities, some firms relied more on trade credit from suppliers during the crisis, which allowed them to post relatively better sales. Export-intensive firms resorted less to trade credit as an alternative source of finance, which contributed to their larger declines in sales.

EXTRA 10 % discount with code: EXTRA

30,23
33,59 €
We will send in 10–14 business days.

The promotion ends in 23d.10:32:11

The discount code is valid when purchasing from 10 €. Discounts do not stack.

Log in and for this item
you will receive 0,34 Book Euros!?
  • Author: Brahima Coulibaly
  • Publisher:
  • ISBN-10: 1288724683
  • ISBN-13: 9781288724680
  • Format: 18.9 x 24.6 x 0.2 cm, minkšti viršeliai
  • Language: English English

This paper studies the role of the credit crunch in the severe contraction of economic activity during the 2008-09 global financial crisis, using firm-level data from six emerging Asian economies. After controlling for the effect of falling demand, we find that sales declined by less for firms with better pre-crisis financial conditions. Amid the decline in external financing opportunities, some firms relied more on trade credit from suppliers during the crisis, which allowed them to post relatively better sales. Export-intensive firms resorted less to trade credit as an alternative source of finance, which contributed to their larger declines in sales.

Reviews

  • No reviews
0 customers have rated this item.
5
0%
4
0%
3
0%
2
0%
1
0%
(will not be displayed)