Financial Frictions and the Great Productivity Slowdown /
We study the role of financial frictions in explaining the sharp and persistent productivity growth slowdown in advanced economies after the 2008 global financial crisis. Using a rich cross-country, firm-level data set and exploiting quasi-experimental variation in firm-level exposure to the crisis,...
Saved in:
Main Authors: | , , |
---|---|
Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
[2017]
|
Series: | IMF working paper ;
WP/17/129. |
Subjects: | |
Online Access: | CONNECT |