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The Working Capital Credit Multiplier
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The Working Capital Credit Multiplier (2024)The Working Capital Credit MultiplierThe Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)The Employment Effects of Cre…Macroeconomic Effects of Financial Shocks (2012)Macroeconomic Effects of Fina…Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Costly external finance, corp…Understanding Crude Oil Prices (2008)Understanding Crude Oil PricesFinancial Constraints, Asset Tangibility, and Corporate Investment (2007)Financial Constraints, Asset …The Theory of Corporate Finance (2006)The Theory of Corporate Finan…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…Agency, Information and Corporate Investment (2001)Agency, Information and Corpo…Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Chapter 21 The financial acce…Trade Credit: Theories and Evidence (1997)Trade Credit: Theories and Ev…Credit Cycles (1997)Credit CyclesRETHINKING RISK MANAGEMENT (1996)RETHINKING RISK MANAGEMENTRisk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Credit Spreads and Business Cycle Fluctuations (2012)Moral Hazard and Observability (1979)Optimal contracts and competitive markets with costly state verification (1979)Theory ahead of business-cycle measurement (1986)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Financial intermediation and growth: Causality and causes (2000)Market Liquidity and Funding Liquidity (2008)Financing Constraints and Corporate Investment (1987)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks * (2016)Measuring Systemic Risk (2016)Whatever It Takes: The Real Effects of Unconventional Monetary Policy (2017)The Capital Structure Puzzle (1984)Debt Maturity Structure and Liquidity Risk (1991)Financial Dependence and Growth (1996)Agency Costs and Ownership Structure (2000)Chapter 12 Finance and Growth: Theory and Evidence (2005)Staggered prices in a utility-maximizing framework (1983)Staggered Prices in a Utility-Maximizing Framework (1996)The Science of Monetary Policy: A New Keynesian Perspective (1999)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Impact of Uncertainty Shocks (2009)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)The General Theory of Employment, Interest and Money. (1936)Corporate financing and investment decisions when firms have information that investors do not have (1984)Does banking competition affect innovation? (2014)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2016)Feverish Stock Price Reactions to COVID-19* (2020)Determinants of corporate borrowing (1977)The theory and practice of corporate finance: evidence from the field (2001)The Cash Flow Sensitivity of Cash (2004)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)
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References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy6,239 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1997Credit Cycles5,254 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1999Chapter 21 The financial accelerator in a quantitative business cycle framework3,569 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 1997Trade Credit: Theories and Evidence2,600 cited
  • 2007Financial Constraints, Asset Tangibility, and Corporate Investment1,570 cited
  • 2013The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis *1,511 cited
  • 2010Costly external finance, corporate investment, and the subprime mortgage credit crisis1,473 cited
  • 2001Agency, Information and Corporate Investment1,350 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations1,334 cited
  • 2008Understanding Crude Oil Prices1,270 cited
  • 2012Macroeconomic Effects of Financial Shocks1,207 cited
  • 1996RETHINKING RISK MANAGEMENT1,205 cited
  • 2006

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The Theory of Corporate Finance
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