Green innovation offers a solution to climate change without compromising living standards.
Yet the share of climate-enhancing innovations in total patents, after booming for two …

The business cycle dynamics of firms' debt maturity vary across the firm size distribution.
Small and medium-sized firms have a more pro-cyclical debt maturity than large firms. This …

Using a firm-level data set for the US, we investigate the stock price responses to
unanticipated and unconventional monetary policy shocks. Our results show that …

Do larger firms have more productive technologies, are their technologies more scalable, or
both? We use administrative data on Canadian and US firms to estimate a joint distribution …

Using a unique dataset covering the universe of Portuguese firms and their credit situation
between 2006 and 2017 we show that financially constrained firms are found across the …

We introduce a novel method for measuring economic uncertainty at the firm, sector, and
aggregate levels using sales volatility and validate it by comparison with existing …

Using a unique dataset covering the universe of Portuguese firms and their credit situation
we show that financially constrained firms are found across the entire firm size distribution …

Do larger firms have more productive technologies or are their technologies more scalable,
or both? We use administrative data on Canadian and US firms to estimate flexible …

Using a unique dataset covering the universe of Portuguese firms and their credit situation
we show that financially constrained firms are found across the entire firmsize distribution …

Callable debt-a bond that allows the issuer to" redeem" or" call" the bond before its maturity-
has reached a high proportion of corporate finance structures in the US debt market. This …