Credit-Supply Shocks and Firm Productivity in Italy /

The Italian economy has been struggling with low productivity growth and bank balance sheet strains. This paper examines the implications for firm productivity of adverse shocks to bank lending in Italy, using a novel identification scheme and loan-level data on syndicated lending. We exploit the he...

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Bibliographic Details
Main Author: Dorr, Sebastian
Other Authors: Raissi, Mehdi, Weber, Anke
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/067
Online Access:Full text available on IMF