Financial Frictions and the Persistence of History: A Quantitative Exploration

By Francisco J. Buera, Yongseok Shin. Journal of Political Economy, 2010

481 citations recorded by the source corpus.

Subfields: Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/dd6c3784321d361abaf0264f2d1358c3c11bbab0

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Citations in the corpus

The Welfare Effects of Encouraging Rural-Urban Migration (2018, background): “1See Restuccia and Rogerson (2008), Hsieh and Klenow (2009) and more recent work that links misallocation to financial frictions (Buera and Shin, 2013; Midrigan and Xu, 2014; Moll, 2014); heterogeneous markups (Peters, 2016); delegation and information frictions (Akcigit, Alp, and Peters, 2016;…”
Optimal Development Policies With Financial Frictions (2014, unknown): “See Banerjee and Newman (2003) and Buera and Shin (2013) for a similar motivation of the same form of constraint.”
Aggregate Costs of Gender Gaps in the Labor Market: A Quantitative Estimate (2016, unknown): “See, for example, Amaral and Quintin (2010), Antunes et al. (2008), Bhattacharya et al. (2013), Buera et al. (2011), Buera and Shin (2013) and Erosa et al. (2010).”
Firm Entry and Employment Dynamics in the Great Recession (2014, unknown): “The model also differs from existing work on entrepreneurship (such as Buera and Shin (2013) and Bassetto et al. (forthcoming)) because entrepreneurs in their models are risk averse.”
Trends and Cycles in China’s Macroeconomy (2016, unknown): “Chakraborty and Otsu (2012) apply a similar model to the linearly detrended 1990-2009 annual data and conclude that investment wedges are increasingly important for China’s business cycles in the late 2000s. But the questions of what explains the dynamics of investment wedges and what are the key cy”
FINANCE AND DEVELOPMENT: A TALE OF TWO SECTORS (2011, unknown): “…and relatively fewer quantitatively-oriented macro studies by: Giné and Townsend (2004), Jeong and Townsend (2007), Amaral and Quintin (2005), and Buera and Shin (2007).4 This paper is most closely related and complementary to two others in the literature that emphasize the differential effects…”
Payment instruments, finance and development (2018, background): “Entrepreneurs choose profit maximizing input quantities, transfers to suppliers and choice of payment methods that are subject to (3), (4), (5), (6), (7), (9), (10) and (11) in order to maximize (2).”
Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters (2013, unknown): “In practice, achieving a useful match between these two datasets is not possible.(16) Another alternative would be to use the indicator for rms' export status in the NBS to determine their participation in quota-constrained export markets.”