Mitigating Financing Constraints under Economic Uncertainty: The Role of Implicit Government Guarantees in China
Journal Article
Bi, S., Wei, N., Du, A. M., & Zhou, T. (2025)
Mitigating Financing Constraints under Economic Uncertainty: The Role of Implicit Government Guarantees in China. Research in International Business and Finance, 76, Article 102819. https://doi.org/10.1016/j.ribaf.2025.102819
In the context of economic policy uncertainty (EPU), firms face significant financing constraints, especially in accessing credit. To address this, governments often provide i...