Capitalizing on my PhD thesis results on how to robustly measure risk spill-overs and contributions to systemic risk, NCoVaR Granger causality framework has just been described in the UvA/CeNDEF Working Paper.
Detailed paper explaining how we measure the macroeconomic impact at the EIB has just been published (link).
New evidence on the role of trade credit in financially distressed firms has just been released as the EIB Working Paper.
Is there a link between debt overhang and misallocation? It is more complicated than usually assumed but you can find the evidence from the EU countries in a recently published CEPR Discussion Paper.
How to keep zombies alive? Some evidence on the link between trade credit and investment in Chapter 7 of the freshly released Investment and Investment Finance Report of the EIB.
What caused the corporate investment slump? Some evidence from the firm-level data in the forthcoming CEPR book (Chapter 3).
Marcin Wolski, PhD
Advisor to Vice-President
European Investment Bank
E-mail: M.Wolski (at) eib.org
Phone: +352 43 79 88708
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