Facts and myths about the financial crisis of 2008

By V. Chari, Lawrence J. Christiano, Patrick J. Kehoe. 2008

170 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/1200ad268804364d6696c5d04fce3a8946f15169

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Citations in the corpus

Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity (2011, background): “In a very early exploration of the matter, Chari, Christiano, and Kehoe ð2008Þ argued that there was little evidence that the financial crisis had affected lending to nonfinancial firms.”
Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008 (2012, unknown): “10 It is sometimes claimed that negative credit growth would be a signal of a credit crisis (e.g., Chari, Christiano, and Kehoe 2008).”
What Happens During Recessions, Crunches, and Busts? (2008, background): “5 Some recent papers examine the behaviour of aggregate credit measures during the ongoing crisis in the US (see Chari et al., 2008; Cohen-Cole et al., 2008).”
How Do Business and Financial Cycles Interact? (2011, unknown): “For example, some recent papers (e.g., Chari, Christiano, and Kehoe (2008) and CohenCole et al., (2008)) highlight the importance of going beyond aggregate measures to study the dynamics of credit markets.”
Cross-border banking, credit access, and the financial crisis (2012, background): “…that this occurred in the early stages of the crisis in the U.S., as argued by Cohen-Cole, Duygan-Bump, Fillat, and Garriga (2008) in response to Chari, Christiano, and Kehoe (2008): while new bank credit declined dramatically after the collapse of Lehman Brothers, total credit outstanding…”
Cross-Border Banking and the International Transmission of Financial Distress During the Crisis of 2007-2008 (2010, background): “…that this occurred in the early stages of the crisis in the U.S., as argued by Cohen-Cole, Duygan-Bump, Fillat, and Garriga (2008) in response to Chari, Christiano, and Kehoe (2008): while new bank credit declined dramatically after the collapse of Lehman Brothers, total credit outstanding…”
Global Retail Lending in the Aftermath of the US Financial Crisis: Distinguishing between Supply and Demand Effects (2011, unknown): “Ivashina and Scharfstein (2008), and Chari, Christiano, and Kehoe (2008) study bank lending to corporate firms in the U.S. after the onset of the financial crisis.”
The ECB and the Interbank Market (2012, unknown): “7 Our analysis addresses an issue raised in Chari et al. (2008).”
Systemic Risks and the Macroeconomy (2010, unknown): “Third, the contemporaneous correlation between GDPG and FS appears relatively small, with no signifi cant correlation for the United States, Canada, Japan, and Italy, and a positive and signifi cant—albeit small—correlation for the United Kingdom, France, and Germany.”
The Economic Crisis from a Neoclassical Perspective (2010, background): “Sources: Figure 4 is updated from Chari, Christiano, and Kehoe (2008).”
Firm Age, Investment Opportunities, and Job Creation (2016, unknown): “The existing literature has generally focused on the differential response by small and large firms to shocks (Gertler and Gilchrist, 1994; Chari et al., 2008; Moscarini and Postel-Vinay, 2012), but the role of firm age, as opposed to size, has received much less attention.”