Credit market shocks and economic fluctuations: Evidence from corporate bond and stock markets

Journal of Monetary Economics

Volumn 56, Issue 4, 2009, Pages 471-493

  Gilchrist, Simon ^a,b   Yankov, Vladimir ^a   Zakrajšek, Egon ^c  

^a Boston University   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c FEDERAL RESERVE BOARD   (United States)

Author keywords

Corporate bond spreads; Factor models; Financial accelerator

Indexed keywords

EID: 65849437047     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2009.03.017     Document Type: Article

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