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credit frictions

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CEP discussion paper
The Aggregate Consequences of Default Risk: Evidence from Firm-Level Data Timothy Besley, Isabelle Roland and John Van Reenen
January 2020
Paper No' CEPDP1672:
Read Abstract | Full Paper (pdf)

JEL Classification: D24; E32; L11; O47

Tags: productivity; default risk; credit frictions; misallocation

CEP discussion paper
Adjusting to Capital Account Liberalization Kosuke Aoki, Gianluca Benigno and Nobuhiro Kiyotaki
October 2010
Paper No' CEPDP1014:
Read Abstract | Full Paper (pdf)

JEL Classification: F32

Tags: credit frictions; capital account liberalization