Financial Accelerator at Work: Evidence from Corn Fields
收藏NBER2015-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21086
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资源简介：
This paper tests financial accelerator models. Using a novel dataset on agricultural production, we examine how exogenous productivity shocks arising from variation in temperature are propagated into the future. We find that past weather shocks have persistent effects on land values and productivity
提供机构：
美国国家经济研究局
创建时间：
2015-04-01
