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Making Room for the Needy: The Credit-Reallocation Effects of the ECB’s Corporate QE
16 references·7 citing·48 second hop
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References

  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 2005Financial and Legal Constraints to Growth: Does Firm Size Matter?2,515 cited
  • 2013The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis *1,511 cited
  • 1992Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance1,488 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy1,198 cited
  • 2012Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications1,076 cited
  • 2003The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings977 cited
  • 2006The determinants of financing obstacles958 cited
  • 2017Whatever It Takes: The Real Effects of Unconventional Monetary Policy706 cited
  • 1994Reputation, Renegotiation, and the Choice between Bank Loans and Publicly Traded Debt684 cited
  • 2000Equity, Bonds, and Bank Debt: Capital Structure and Financial Market Equilibrium under Asymmetric Information677 cited
  • 2011The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment

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671 cited
  • 2012Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply655 cited
  • 2013Cyclicality of credit supply: Firm level evidence557 cited
  • Cited by

    • 2020Collateral Eligibility of Corporate Debt in the Eurosystem47 cited
    • 2020Crowding Out Bank Loans: Liquidity-Driven Bond Issuance32 cited
    • 2018Financial Intermediation Through Financial Disintermediation: Evidence from the ECB Corporate Sector Purchase Programme27 cited
    • 2022The China Syndrome Affects Banks: The Credit Supply Channel of Foreign Import Competition26 cited
    • 2019Credit Easing versus Quantitative Easing: Evidence From Corporate and Government Bond Purchase Programs25 cited
    • 2024Bond market stimulus: Firm-level evidence21 cited
    • 2017Did ECB Liquidity Injections Help the Real Economy?16 cited