Open AccessMisallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs
Author(s) -
Simon Gilchrist,
Jae Sim,
Egon Zakrajšek
Publication year - 2012
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2012.08
Subject(s) - economics , productivity , dispersion (optics) , order (exchange) , total factor productivity , counterfactual thinking , debt , monetary economics , econometrics , microeconomics , finance , macroeconomics , philosophy , physics , epistemology , optics