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The Resource Firm Volatility and Credit: A Macroeconomic Analysis

Firm Volatility and Credit: A Macroeconomic Analysis

Label
Firm Volatility and Credit: A Macroeconomic Analysis
Title
Firm Volatility and Credit: A Macroeconomic Analysis
Creator
Author
Subject
Summary
This paper examines a tractable real business cycle model with idiosyncratic productivity shocks and binding credit constraints on entrepreneurs. The model shows how firm volatility increases in combination with credit market development. It further generates the observed co-movement of credit and firm volatility with output at business cycle frequencies in response to aggregate productivity shocks
http://library.link/vocab/creatorName
Kaas, Leo
Label
Firm Volatility and Credit: A Macroeconomic Analysis
Instantiates
Publication
Note
25062
Control code
ICPSR25062.v1
Governing access note
Access restricted to subscribing institutions
Label
Firm Volatility and Credit: A Macroeconomic Analysis
Publication
Note
25062
Control code
ICPSR25062.v1
Governing access note
Access restricted to subscribing institutions

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