Publications


July 4, 2023

Bank Funding, SME lending and Risk Taking

European companies heavily rely on bank credit to finance their operations and investments. Therefore, it is crucial for banks to take risks on corporate loans, although excessive risk-taking can have negative...

April 20, 2023

A simulation of energy prices and corporate profits

Firms have absorbed the higher costs for gas and electricity with energy savings and price increases for customers. The higher energy prices are expected to lead to only a limited number of additional loss-making firms.

A simulation of energy prices and corporate profits