Firms’ precautionary savings and employment during a credit crisis
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- Davide Melcangi, 2024. "Firms' Precautionary Savings and Employment during a Credit Crisis," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(1), pages 356-386, January.
- Davide Melcangi, 2016. "Firm’s precautionary savings and employment during a credit crisis," Discussion Papers 1610, Centre for Macroeconomics (CFM).
- Davide Melcangi, 2019. "Firms’ Precautionary Savings and Employment during a Credit Crisis," Staff Reports 904, Federal Reserve Bank of New York.
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Cited by:
- Gabriel Chodorow‐Reich & Antonio Falato, 2022.
"The Loan Covenant Channel: How Bank Health Transmits to the Real Economy,"
Journal of Finance, American Finance Association, vol. 77(1), pages 85-128, February.
- Gabriel Chodorow-Reich & Antonio Falato, 2017. "The Loan Covenant Channel: How Bank Health Transmits to the Real Economy," NBER Working Papers 23879, National Bureau of Economic Research, Inc.
- Boeri, Tito & Garibaldi, Pietro & Moen, Espen R., 2018. "Financial constraints in search equilibrium: Mortensen Pissarides meet Holmstrom and Tirole," Labour Economics, Elsevier, vol. 50(C), pages 144-155.
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More about this item
Keywords
financial frictions; precautionary savings; employment; heterogeneous firms;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2018-01-29 (Corporate Finance)
- NEP-MAC-2018-01-29 (Macroeconomics)
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