Credit Frictions and the Cleansing Effect of Recessions.

Author:

Osotimehin Sophie,Pappadd Francesco

Publisher

Elsevier BV

Reference45 articles.

1. How costly is financial (not economic) distress? evidence from highly leveraged transactions that became distressed;G Andrade;Journal of Finance,1998

2. The sullying effect of recessions;G Barlevy;Review of Economic Studies,2002

3. Credit market frictions and the allocation of resources over the business cycle;G Barlevy;Journal of Monetary Economics,2003

4. Agency costs, net worth, and business fluctuations;B Bernanke;American Economic Review,1989

5. The cleansing effect of recessions;R J Caballero;American Economic Review,1994

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