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Financial Frictions and Employment during the Great Depression
Benmelech, Efraim - 2017
We provide new evidence that a disruption in credit supply played a quantitatively significant role in the unprecedented contraction of employment during the Great Depression. To analyze the role of financing frictions in firms' employment decisions, we use a novel, hand-collected dataset of...
Persistent link: https://www.econbiz.de/10012455465
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Financial Frictions and Employment During the Great Depression
Benmelech, Efraim; Frydman, Carola; Papanikolaou, Dimitris - 2021
We provide new evidence that a disruption in credit supply played a quantitatively significant role in the unprecedented contraction of employment during the Great Depression. To analyze the role of financing frictions in firms' employment decisions, we use a novel, hand-collected dataset of...
Persistent link: https://www.econbiz.de/10013224363
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Financial frictions and employment during the Great Depression
Benmelech, Efraim; Frydman, Carola; Papanikolaou, Dimitris - In: Journal of financial economics 133 (2019) 3, pp. 541-563
Persistent link: https://www.econbiz.de/10012166117
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The secured credit premium and the issuance of secured debt
Benmelech, Efraim; Kumar, Nitish; Rajan, Raghuram Govind - In: Journal of financial economics 146 (2022) 1, pp. 143-171
Persistent link: https://www.econbiz.de/10013482169
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Business cycle research and the needs of our times
Burns, Arthur F. - 1953
Persistent link: https://www.econbiz.de/10001562752
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Financial markets and financial crises : [presented at the NBER Conference ... held in Key Biscayne, Florida, March 23-24, 1990]
Hubbard, R. Glenn (ed.) - 1991 - 1. print
Persistent link: https://www.econbiz.de/10000329134
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The American business cycle : continuity and change
Gordon, Robert J. (contributor); Gordon, Robert J. (ed.) - 1986
Persistent link: https://www.econbiz.de/10000334526
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The business cycle today
Zarnowitz, Victor (contributor) - 1972
Persistent link: https://www.econbiz.de/10000053485
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Business cycle indicators
Moore, Geoffrey H. (contributor) - 1961
Persistent link: https://www.econbiz.de/10000098643
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Basic data on cyclical indicators
Moore, Geoffrey Hoyt (contributor) - 1961
Persistent link: https://www.econbiz.de/10000098644