Financial Intermediaries and the Macroeconomy: Evidence from a High-Frequency Identification
收藏NBER2022-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w29638
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资源简介:
We provide empirical evidence of the causal effects of changes in financial intermediaries' net worth in the aggregate economy. Our strategy identifies financial shocks as high-frequency changes in the market value of intermediaries' net worth in a narrow window around their earnings announcements,
提供机构:
美国国家经济研究局
创建时间:
2022-01-01



