Financial Frictions and Employment during the Great Depression
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23216
下载链接
链接失效反馈官方服务：
资源简介：
We provide new evidence that a disruption in credit supply played a quantitatively significant role in the unprecedented contraction of employment during the Great Depression. To analyze the role of financing frictions in firms' employment decisions, we use a novel, hand-collected dataset of large
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
