Tracing the International Transmission of a Crisis Through Multinational Firms
收藏NBER2023-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31061
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资源简介:
We show that multinational firms transmit shocks across countries through their internal capital markets. We study a credit supply shock to parent firms in Germany. International affiliates outside Germany supported their parents through internal lending, became financially constrained themselves,
提供机构:
美国国家经济研究局
创建时间:
2023-03-01



