Spare Tire? Stock Markets, Banking Crises, and Economic Recoveries
收藏NBER2015-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20863
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资源简介：
Do stock markets act as a spare tire during banking crises, providing an alternative corporate financing channel and mitigating the economic severity of banking crises? Using firm-level data in 36 countries from 1990 through 2011, we find that the adverse consequences of banking crises on firm
提供机构：
美国国家经济研究局
创建时间：
2015-01-01
