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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Detalles Bibliográficos
Autor Principal: Duval, Romain
Outros autores: Hong, Gee Hee, Timmer, Yannick
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/129
Acceso en liña:Full text available on IMF