Capital deaccumulation and the large persistent effects of financial crises
MP Knowles - 2015 - research-repository.st-andrews.ac …
In a panel of OECD and emerging economies, I find that banking crises are characterized by
larger initial drops in investment than other large recessions and are followed by particularly …
larger initial drops in investment than other large recessions and are followed by particularly …
[图书][B] Essays on Macroeconomics with Financial Frictions
M Knowles - 2017 - search.proquest.com
This dissertation consists of three essays concerning the macroeconomic implications of
financial market frictions that limit the ability of firms to obtain external finance. Each of the …
financial market frictions that limit the ability of firms to obtain external finance. Each of the …