Disentangling the Effects of a Banking Crisis: Evidence from German Firms and Counties

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Credit Misallocation During the European Financial Crisis (2017, unknown): “This is consistent with the findings of Huber (2018) for Germany during the financial crisis, which stress the importance of the indirect effects of lending, through aggregate demand and input/output externalities, and therefore of measuring lending conditions at the regional rather than at the indi”
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence (2019, methodology): “Schmookler (1966) and Shleifer (1986) emphasize the role of aggregate demand on the timing of innovation and technology adoption.”