Financial frictions, crises, return predictability, and managerial moral hazard

<p><strong><i>Chapter 1.</strong></i> While financial crises tend to be preceded by credit booms, most credit booms do not end up in crises. Crises typically occur when there is also a persistent slowdown in productivity growth. I develop a model in which risk of crisis...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолч: Doshchyn, A
Бусад зохиолчид: Ellison, M
Формат: Дипломын ажил
Хэл сонгох:English
Хэвлэсэн: 2021
Нөхцлүүд: