Credit Market Imperfections and Persistent Unemployment
收藏NBER2000-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7938
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资源简介：
This paper develops the thesis that credit market frictions may be an important contributor to high unemployment in Europe. When a change in the technological regime necessitates the creation of new firms, this can happen relatively rapidly in the U.S. where credit markets function efficiently. In
提供机构：
美国国家经济研究局
创建时间：
2000-10-01
