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How to Use Natural Experiments to Estimate Misallocation
16 references·0 citing·43 second hop
How to Use Natural Experiments to Estimate Misallocation (2023)How to Use Natural Experiments to Estimat…Really Uncertain Business Cycles (2018)Really Uncertain Business Cyc…Capital Allocation and Productivity in South Europe* (2017)Capital Allocation and Produc…Intangible capital and the investment-q relation (2016)Intangible capital and the in…Productivity Losses from Financial Frictions: Can Self-Financing Undo Capital Misallocation? (2014)Productivity Losses from Fina…Finance and Misallocation: Evidence from Plant-Level Data (2014)Finance and Misallocation: Ev…Cross-Country Differences in Productivity: The Role of Allocation and Selection (2013)Cross-Country Differences in …Finance and Development: A Tale of Two Sectors (2011)Finance and Development: A Ta…The Impact of Uncertainty Shocks (2009)The Impact of Uncertainty Sho…Misallocation and Manufacturing TFP in China and India * (2009)Misallocation and Manufacturi…Policy distortions and aggregate productivity with heterogeneous establishments (2008)Policy distortions and aggreg…How Costly Is External Financing? Evidence from a Structural Estimation (2007)How Costly Is External Financ…On the Nature of Capital Adjustment Costs (2006)On the Nature of Capital Adju…Financial Constraints Risk (2006)Financial Constraints RiskDebt Dynamics (2005)Debt DynamicsFinancial Markets and Firm Dynamics (2001)Financial Markets and Firm Dy…Recursive Methods in Economic Dynamics (1989)Recursive Methods in Economic…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Housing Constraints and Spatial Misallocation (2019)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Corporate social responsibility and access to finance (2013)Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)The Impact of Uncertainty Shocks (2007)Measuring Uncertainty (2015)Measuring Economic Policy Uncertainty* (2016)Measuring Geopolitical Risk (2022)Finite state markov-chain approximations to univariate and vector autoregressions (1986)Evidence on the role of cash flow for investment (1995)Tax Policy and Heterogeneous Investment Behavior (2016)The Causes and Costs of Misallocation (2017)A Contribution to the Empirics of Economic Growth (1992)Why do Some Countries Produce So Much More Output Per Worker than Others? (1999)The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity (2003)Misallocation and Manufacturing TFP in China and India (2009)The General Theory of Employment, Interest and Money. (1936)Time to Build and Aggregate Fluctuations (1982)Uncertainty Shocks in a Model of Effective Demand (2017)Firm‐Level Climate Change Exposure (2023)Financing Constraints and Corporate Investment (1988)Common risk factors in the returns on stocks and bonds (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)Demand for green finance: Resolving financing constraints on green innovation in China (2021)Financing Constraints and Corporate Investment (1987)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)The Productivity J-Curve: How Intangibles Complement General Purpose Technologies (2020)Artificial intelligence, firm growth, and product innovation (2023)Indivisible labor and the business cycle (1985)Occupational Choice and the Process of Development (1993)The Theory of Incentives: The Principal-Agent Model (2001)Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing (2011)What Determines Productivity? (2011)The Rise of Market Power and the Macroeconomic Implications* (2020)
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References

  • 2009The Impact of Uncertainty Shocks5,941 cited
  • 2009Misallocation and Manufacturing TFP in China and India *4,227 cited
  • 2006Financial Constraints Risk3,702 cited
  • 1989Recursive Methods in Economic Dynamics3,065 cited
  • 2008Policy distortions and aggregate productivity with heterogeneous establishments1,624 cited
  • 2016Intangible capital and the investment-q relation1,203 cited
  • 2006On the Nature of Capital Adjustment Costs1,166 cited
  • 2007How Costly Is External Financing? Evidence from a Structural Estimation1,148 cited
  • 2014Finance and Misallocation: Evidence from Plant-Level Data1,131 cited
  • 2018Really Uncertain Business Cycles1,124 cited
  • 2013Cross-Country Differences in Productivity: The Role of Allocation and Selection1,064 cited
  • 2011Finance and Development: A Tale of Two Sectors978 cited
  • 2017Capital Allocation and Productivity in South Europe*847 cited
  • 2001Financial Markets and Firm Dynamics832 cited
  • 2014Productivity Losses from Financial Frictions: Can Self-Financing Undo Capital Misallocation?810 cited
  • 2005Debt Dynamics

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