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,...

Полное описание

Библиографические подробности
Главный автор: Duval, Romain
Другие авторы: Hong, Gee Hee, Timmer, Yannick
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/129
Online-ссылка:Full text available on IMF