On the Direct and Indirect Real Effects of Credit Supply Shocks
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We consider the real effects of bank lending shocks and how they permeate the economy through buyer-supplier linkages. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate loans for 2003-2013 to identify bank-specific shocks for each
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美国国家经济研究局创建时间：
2019-01-01
