Aggregate Implications of a Credit Crunch

By Francisco J. Buera, Benjamin Moll. 2012

120 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f5352a7741fcb5cfad5f702c1c90ac5d4796dfea

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

The Dynamics of Employment Growth: New Evidence from 18 Countries (2014, background): “…creation if – as it has been the case in the recent recession – the crisis reduces the availability OECD SCIENCE, TECHNOLOGY AND INDUSTRY POLICY PAPERS 11 of finance for entrepreneurs (Caballero and Hammour, 2005) and thus the scope for experimentation (Ziebarth, 2012; Buera and Moll, 2012).”
Firm Entry and Employment Dynamics in the Great Recession (2014, unknown): “This assumption has been used entrepreneurship literature, see, for example, Buera and Moll (2015). appendix IX.”
Knowledge-Based Capital, Innovation and Resource Allocation (2013, background): “Existing evidence highlights the disproportionate adverse effects of financial crises on net firm entry (Caballero and Hammour, 2005), which is likely to reduce the scope for experimentation with new ideas and thus investment in KBC (Ziebarth, 2012; Buera and Moll, 2012).”
Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity (2011, unknown): “Gilchrist, Sim, and Zakrajšek ð2011Þ study credit spreads under uncertainty shocks in a model with default.5 Buera and Moll ð2013Þ share our focus on collateral constraints in an economy with production heterogeneity.”
Optimal Development Policies With Financial Frictions (2014, unknown): “As shown by Moll (2014), it is equivalent to a setup in which entrepreneurs own and accumulate capital k and can trade in a risk-free bond, provided the entrepreneurs know their productivity one period in advance (see also Buera and Moll, 2012).”
Entrepreneurship and Financial Frictions: A Macrodevelopment Perspective (2015, background): “They have also been used to analyze business cycle fluctuations, particularly in the aftermath of the 2008 financial crisis (Achdou et al., 2014b; Buera et al., 2014a; Buera and Moll, 2012; Bassetto et al., 2013; Kiyotaki and Moore, 2012; Shourideh and Zetlin-Jones, 2014), where private entrepreneur”