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Credit market frictions and the allocation of resources over the business cycle
16 references·16 citing·38 second hopsampled
Credit market frictions and the allocation of resources over the business cycle (2003)Credit market frictions and the allocatio…The Sullying Effect of Recessions (2002)The Sullying Effect of Recess…Good Jobs versus Bad Jobs (2001)Good Jobs versus Bad JobsAggregate Productivity Growth: Lessons from Microeconomic Evidence (2001)Aggregate Productivity Growth…Aggregate Productivity Growth (2001)Aggregate Productivity GrowthCredit Cycles (1997)Credit CyclesThe Financial Accelerator and the Flight to Quality (1996)The Financial Accelerator and…Job creation and destruction (1996)Job creation and destructionFirm productivity in Israeli industry 1979–1988 (1995)Firm productivity in Israeli …Search Unemployment with On-the-job Search (1994)Search Unemployment with On-t…Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Monetary Policy, Business Cyc…Job Creation and Job Destruction in the Theory of Unemployment (1994)Job Creation and Job Destruct…NBER Macroeconomics Annual 1990 (1992)NBER Macroeconomics Annual 19…The Cleansing Effect of Recessions (1991)The Cleansing Effect of Reces…Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications (1990)Gross Job Creation and Destru…NBER macroeconomics annual 1987 (1989)NBER macroeconomics annual 19…Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Flight to Safety: How Economic Downturns Affect Talent Flows to Startups (2023)Flight to Safety: How Economi…Disentangling the asymmetric effect of financialization on the green output gap (2023)Disentangling the asymmetric …Survival of Firms during Economic Crisis (2020)Survival of Firms during Econ…Flight to Safety: How Economic Downturns Affect Talent Flows to Startups (2020)Flight to Safety: How Economi…All You Need is Cash: Corporate Cash Holdings and Investment after a Crisis (2020)All You Need is Cash: Corpora…Do financial crises cleanse the banking industry? Evidence from US commercial bank exits (2018)Do financial crises cleanse t…Credit Allocation Under Economic Stimulus: Evidence from China (2018)Credit Allocation Under Econo…Taken by storm: business financing and survival in the aftermath of Hurricane Katrina (2017)Taken by storm: business fina…Finance and productivity (2017)Finance and productivityTotal factor productivity and the propagation of shocks: Empirical evidence and implications for the business cycle (2016)Total factor productivity and…Entry and exit in severe recessions: lessons from the 2008–2013 Portuguese economic crisis (2016)Entry and exit in severe rece…Credit Frictions and The Cleansing Effect of Recessions (2015)Credit Frictions and The Clea…Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia (2013)Do Crises Catalyze Creative D…The scarring effect of recessions (2009)The scarring effect of recess…Bank capital, firm liquidity, and project quality (2007)Bank capital, firm liquidity,…Aggregate Implications of Credit Market Imperfections (2007)Aggregate Implications of Cre…Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Finance and Growth: Schumpeter Might Be Right (1993)Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure (2002)Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans (2007)Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking? (2014)Moral Hazard and Observability (1979)Optimal contracts and competitive markets with costly state verification (1979)Theory ahead of business-cycle measurement (1986)Financial Constraints Risk (2006)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)The Growth and Failure of U. S. Manufacturing Plants (1989)Gross Job Creation, Gross Job Destruction, and Employment Reallocation (1992)Do R&D Subsidies Stimulate or Displace Private R&D? Evidence from Israel (2002)Credit constraints as a barrier to the entry and post-entry growth of firms (2007)Productivity and Misallocation in General Equilibrium (2017)Financing Constraints and Corporate Investment (1987)Consumption and Liquidity Constraints: An Empirical Investigation (1989)Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Cyclical Behavior of Equilibrium Unemployment and Vacancies (2005)Reassessing the Ins and Outs of Unemployment (2007)Workplace Heterogeneity and the Rise of West German Wage Inequality* (2013)Costly capital reallocation and the effects of government spending (1998)Inferential Theory for Factor Models of Large Dimensions (2003)How do house prices affect consumption? Evidence from micro data (2006)Policy distortions and aggregate productivity with heterogeneous establishments (2008)What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns (2010)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)One Security, Many Markets: Determining the Contributions to Price Discovery (1995)Assessing Specification Errors in Stochastic Discount Factor Models (1997)CO2 emissions, electricity consumption and output in ASEAN (2010)Effects of New Business Formation on Regional Development over Time (2004)Democratizing entry: Banking deregulations, financing constraints, and entrepreneurship☆ (2009)Technical Change and Industrial Dynamics as Evolutionary Processes (2010)
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References

  • 1997Credit Cycles5,254 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1994Job Creation and Job Destruction in the Theory of Unemployment3,846 cited
  • 1994Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms2,546 cited
  • 1996The Financial Accelerator and the Flight to Quality2,351 cited
  • 1996Job creation and destruction1,630 cited
  • 1989NBER macroeconomics annual 1987923 cited
  • 2001Aggregate Productivity Growth: Lessons from Microeconomic Evidence846 cited
  • 1992NBER Macroeconomics Annual 1990692 cited
  • 1995Firm productivity in Israeli industry 1979–1988650 cited
  • 1991The Cleansing Effect of Recessions602 cited
  • 1990Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications544 cited
  • 2001Good Jobs versus Bad Jobs540 cited
  • 2001Aggregate Productivity Growth484 cited
  • 1994Search Unemployment with On-the-job Search446 cited
  • 2002The Sullying Effect of Recessions284 cited

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Cited by

  • 2009The scarring effect of recessions113 cited
  • 2013Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia90 cited
  • 2015Credit Frictions and The Cleansing Effect of Recessions83 cited
  • 2023Disentangling the asymmetric effect of financialization on the green output gap82 cited
  • 2017Taken by storm: business financing and survival in the aftermath of Hurricane Katrina77 cited
  • 2016Entry and exit in severe recessions: lessons from the 2008–2013 Portuguese economic crisis69 cited
  • 2007Aggregate Implications of Credit Market Imperfections65 cited
  • 2020Survival of Firms during Economic Crisis56 cited
  • 2018Credit Allocation Under Economic Stimulus: Evidence from China27 cited
  • 2018Do financial crises cleanse the banking industry? Evidence from US commercial bank exits25 cited
  • 2023Flight to Safety: How Economic Downturns Affect Talent Flows to Startups24 cited
  • 2016Total factor productivity and the propagation of shocks: Empirical evidence and implications for the business cycle22 cited
  • 2007Bank capital, firm liquidity, and project quality20 cited
  • 2020All You Need is Cash: Corporate Cash Holdings and Investment after a Crisis19 cited
  • 2020Flight to Safety: How Economic Downturns Affect Talent Flows to Startups18 cited
  • 2017Finance and productivity17 cited