Firm volatility and credit : a macroeconomic analysis

dc.contributor.authorKaas, Leo
dc.date.accessioned2011-03-25T09:40:28Zdeu
dc.date.available2011-03-25T09:40:28Zdeu
dc.date.issued2009deu
dc.description.abstractThis paper examines a tractable real business cycle model with idiosyncratic productivity shocks and binding credit constraints on entrepreneurs. The model shows how firm volatility increases in combination with credit market development. It further generates the observed comovement of credit and firm volatility with output at business cycle frequencies in response to aggregate productivity shocks.eng
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dc.identifier.citationFirst publ. in: Federal Reserve Bank of St. Louis Review 91 (2009), 2, pp. 95-106deu
dc.identifier.ppn312433115deu
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dc.language.isoengdeu
dc.legacy.dateIssued2009deu
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dc.subject.ddc330deu
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dc.titleFirm volatility and credit : a macroeconomic analysiseng
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  year={2009},
  title={Firm volatility and credit : a macroeconomic analysis},
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  journal={Federal Reserve Bank of St  Louis Review},
  pages={95--106},
  author={Kaas, Leo}
}
kops.citation.iso690KAAS, Leo, 2009. Firm volatility and credit : a macroeconomic analysis. In: Federal Reserve Bank of St Louis Review. 2009, 91(2), pp. 95-106deu
kops.citation.iso690KAAS, Leo, 2009. Firm volatility and credit : a macroeconomic analysis. In: Federal Reserve Bank of St Louis Review. 2009, 91(2), pp. 95-106eng
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kops.sourcefieldFederal Reserve Bank of St Louis Review. 2009, <b>91</b>(2), pp. 95-106deu
kops.sourcefield.plainFederal Reserve Bank of St Louis Review. 2009, 91(2), pp. 95-106deu
kops.sourcefield.plainFederal Reserve Bank of St Louis Review. 2009, 91(2), pp. 95-106eng
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