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13 Dec 2016
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December 13, 2016

Using a rich cross-country firm panel dataset, we find significant evidence of both mechanisms and effects of competition in product, technology, and labor space. However, selection and market reallocation account for the majority of... View Details

Keywords: Carmen Nobel

22 Apr 2014
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First Look: April 22

other banks with common exposures. We show how this contagion effect adds up across the banking sector and how it can be estimated empirically using balance sheet data. We compute bank exposures to system-wide deleveraging, as well as the... View Details

Keywords: Sean Silverthorne