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- 30 Jan 2018
- Working Paper Summaries
Credit Supply Shocks, Network Effects, and the Real Economy
- 03 Apr 2018
- First Look
New Research and Ideas, April 3, 2018
https://www.hbs.edu/faculty/Pages/item.aspx?num=54301 On the Direct and Indirect Real Effects of Credit Supply Shocks By: Alfaro, Laura, Manuel García-Santana, View Details
Keywords: Sean Silverthorne
- March 2021
- Article
On the Direct and Indirect Real Effects of Credit Supply Shocks
By: Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito
We explore the real effects of bank-lending shocks and how they permeate the economy through buyer-supplier linkages. We combine administrative data on all Spanish firms with a matched bank-firm-loan dataset of all corporate loans from 2003 to 2013 to estimate... View Details
Keywords: Credit Supply Shocks; Bank Lending Channel; Input-output Linkages; Output; Mechanisms; Trade Credits; Price Effects; Economics; Credit; System Shocks; Employment; Investment; Spain
Alfaro, Laura, Manuel García-Santana, and Enrique Moral-Benito. "On the Direct and Indirect Real Effects of Credit Supply Shocks." Journal of Financial Economics 139, no. 3 (March 2021): 895–921.
- 09 Jan 2018
- First Look
First Look at New Research and Ideas, January 9, 2018
that reduce administrative burden and allow for the introduction of novel cancer therapies. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=53706 Credit Supply Shocks, Network Effects, and... View Details
Keywords: Sean Silverthorne