Firm Leverage and Unemployment during the Great Recession
收藏NBER2015-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21076
下载链接
链接失效反馈官方服务：
资源简介：
We argue that firms balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up to the Great Recession (highleverage firms) exhibit a significantly larger decline in
提供机构：
美国国家经济研究局
创建时间：
2015-04-01
