Cyclical Dispersion in Expected Defaults
收藏NBER2017-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w23704
下载链接
链接失效反馈官方服务:
资源简介:
A growing literature shows that credit indicators forecast aggregate real outcomes. While researchers have proposed various explanations, the economic mechanism behind these results remains an open question. In this paper, we show that a simple, frictionless, model explains empirical findings
提供机构:
美国国家经济研究局
创建时间:
2017-08-01



