Lending terms and aggregate productivity

DOI10.1016/J.JEDC.2015.07.001zbMath1401.91364OpenAlexW918388177MaRDI QIDQ1657476

Oksana Leukhina, Nicolás Figueroa

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2015.07.001

zbMATH Keywords

productivityadverse selectioncredit market frictionscompetitive financial marketslending terms

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (2)

A dynamic theory of bank lending, firm entry, and investment fluctuations ⋮ Cycles of credit expansion and misallocation: the good, the bad and the ugly

Cites Work

• Endogenous cycles in a Stiglitz-Weiss economy
• Lending cycles
• Optimal debt contracts and moral hazard along the business cycle
• Selection, Growth, and the Size Distribution of Firms

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