Credit Expansion and Markups
نویسندگان
چکیده
This article documents new empirical facts about the effects of credit expansion on aggregate markup and dispersion in United States. We use U.S. macroeconomic data Jordà’s local projection single-equation estimation methods.
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ژورنال
عنوان ژورنال: Review
سال: 2022
ISSN: ['0314-7533']
DOI: https://doi.org/10.20955/r.104.297-316