Financial Frictions and the Great Productivity Slowdown /

We study the role of financial frictions in explaining the sharp and persistent productivity growth slowdown in advanced economies after the 2008 global financial crisis. Using a rich cross-country, firm-level data set and exploiting quasi-experimental variation in firm-level exposure to the crisis,...

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Bibliografiske detaljer
Hovedforfatter: Duval, Romain
Andre forfattere: Hong, Gee Hee, Timmer, Yannick
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/129
Online adgang:Full text available on IMF