Trade Credit and the Effect of Macro-Financial Shocks : Evidence From U.S. Panel Data /

Many studies examine why firms are financed by their suppliers, but few empirical studies look at the macroeconomic implications of such financial arrangements. Using disaggregated panel data, we examine how firms extend and use trade credit. We find that, controlling for the transactions or asset m...

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Bibliografiska uppgifter
Huvudupphovsman: Kim, Yungsan
Övriga upphovsmän: Choi, Woon
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2003.
Serie:IMF Working Papers; Working Paper ; No. 2003/127
Länkar:Full text available on IMF