The Asymmetric Effects of Financial Frictions
收藏NBER2012-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18360
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资源简介：
Economic variables are known to move asymmetrically over the business cycle: quickly and sharply during crises, but slowly and gradually during recoveries. Not known is the fact that this asymmetry is stronger in countries with less-developed financial systems. This new fact is documented using
提供机构：
美国国家经济研究局
创建时间：
2012-09-01
