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Interest Rates, Leverage, and Business Cycles in Emerging Economies: The Role of Financial Frictions
16 references·16 citing·44 second hopsampled
Interest Rates, Leverage, and Business Cycles in Emerging Economies: The Role of Financial Frictions (2015)Interest Rates, Leverage, and Business Cy…American Economic Review (2019)American Economic ReviewRisk Shocks (2013)Risk ShocksFinancial Intermediation and Credit Policy in Business Cycle Analysis (2010)Financial Intermediation and …Emerging Market Business Cycles: The Cycle Is the Trend (2007)Emerging Market Business Cycl…Default Risk and Income Fluctuations in Emerging Economies (2007)Default Risk and Income Fluct…Business cycles in emerging economies: the role of interest rates (2005)Business cycles in emerging e…Closing Small Open Economy Models (2002)Closing Small Open Economy Mo…Tunneling (2000)TunnelingThe Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data (1998)Consistent Covariance Matrix …CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops (1998)CAPITAL FLOWS AND CAPITAL-MAR…Agency costs, net worth, and business fluctuations: A (1997)Agency costs, net worth, and …What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…Real Business Cycles in a Small Open Economy (1991)Real Business Cycles in a Sma…Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…Unemployment dynamics and informality in small open economies (2021)Unemployment dynamics and inf…Financial Frictions and Macro‐Economic Fluctuations in Emerging Economies (2021)Financial Frictions and Macro…INTERNATIONAL BUSINESS CYCLES IN EMERGING MARKETS (2020)INTERNATIONAL BUSINESS CYCLES…Emerging market corporate leverage and global financial conditions (2020)Emerging market corporate lev…Does mortgage lending impact business credit? 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References

  • 2019American Economic Review10,902 cited
  • 1998Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data6,815 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data2,443 cited
  • 2002Closing Small Open Economy Models2,432 cited
  • 2000Tunneling2,216 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 2007Emerging Market Business Cycles: The Cycle Is the Trend1,476 cited
  • 1998CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops1,475 cited
  • 2005Business cycles in emerging economies: the role of interest rates1,360 cited
  • 2013Risk Shocks1,342 cited
  • 2007Default Risk and Income Fluctuations in Emerging Economies1,288 cited
  • 1991Real Business Cycles in a Small Open Economy1,093 cited
  • 1997

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Agency costs, net worth, and business fluctuations: A
794 cited

Cited by

  • 2020Emerging market corporate leverage and global financial conditions92 cited
  • 2015FROM INSTITUTIONS TO FINANCIAL DEVELOPMENT AND GROWTH: WHAT ARE THE LINKS?87 cited
  • 2017Capital controls as shock absorbers81 cited
  • 2016FINANCIAL FRICTIONS IN THE EURO AREA AND THE UNITED STATES: A BAYESIAN ASSESSMENT65 cited
  • 2018On corporate borrowing, credit spreads and economic activity in emerging economies: An empirical investigation61 cited
  • 2017BUSINESS CYCLES IN SMALL OPEN ECONOMIES: EVIDENCE FROM PANEL DATA BETWEEN 1900 AND 201348 cited
  • 2019Global financial risk, aggregate fluctuations, and unemployment dynamics40 cited
  • 2016Sovereign risk, interbank freezes, and aggregate fluctuations37 cited
  • 2018Global credit supply shocks and exchange rate regimes35 cited
  • 2016Bond finance, bank credit, and aggregate fluctuations in an open economy32 cited
  • 2020Does mortgage lending impact business credit? Evidence from a new disaggregated bank credit data set30 cited
  • 2021Financial Frictions and Macro‐Economic Fluctuations in Emerging Economies29 cited
  • 2020INTERNATIONAL BUSINESS CYCLES IN EMERGING MARKETS26 cited
  • 2014Financial Frictions in the Euro Area and the United States: A Bayesian Assessment21 cited
  • 2021Unemployment dynamics and informality in small open economies20 cited
  • 2015From Institutions to Financial Development and Growth: What Are the Links?19 cited