메뉴 건너뛰기




Volumn 15, Issue 3, 2012, Pages 336-358

Financial frictions and total factor productivity: Accounting for the real effects of financial crises

Author keywords

Financial crises; Financial frictions; Total factor productivity

Indexed keywords


EID: 84861933718     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.red.2011.09.003     Document Type: Article
Times cited : (43)

References (23)
  • 1
    • 23844531512 scopus 로고    scopus 로고
    • Investment, devaluation, and foreign currency exposure: the case of Mexico
    • Aguiar M. Investment, devaluation, and foreign currency exposure: the case of Mexico. J. Devel. Econ. 2005, 78:95-113.
    • (2005) J. Devel. Econ. , vol.78 , pp. 95-113
    • Aguiar, M.1
  • 3
    • 68949145246 scopus 로고    scopus 로고
    • Total factor productivity and labor reallocation: the case of the Korean 1997 crisis
    • Article 31
    • Benjamin D.M., Meza F. Total factor productivity and labor reallocation: the case of the Korean 1997 crisis. B.E. J. Macroecon. (Adv.) 2009, 9. Article 31.
    • (2009) B.E. J. Macroecon. (Adv.) , vol.9
    • Benjamin, D.M.1    Meza, F.2
  • 4
    • 0036151210 scopus 로고    scopus 로고
    • A decade lost and found: Mexico and Chile in the 1980s
    • Bergoeing R., Kehoe P., Kehoe T., Soto R. A decade lost and found: Mexico and Chile in the 1980s. Rev. Econ. Dynam. 2002, 5(1):166-205.
    • (2002) Rev. Econ. Dynam. , vol.5 , Issue.1 , pp. 166-205
    • Bergoeing, R.1    Kehoe, P.2    Kehoe, T.3    Soto, R.4
  • 5
    • 84860389706 scopus 로고    scopus 로고
    • Finance and development: a tale of two sectors
    • Buera F.J., Kaboski J.P., Shin Y. Finance and development: a tale of two sectors. Amer. Econ. Rev. 2011, 101(5):1964-2002.
    • (2011) Amer. Econ. Rev. , vol.101 , Issue.5 , pp. 1964-2002
    • Buera, F.J.1    Kaboski, J.P.2    Shin, Y.3
  • 6
    • 34447501203 scopus 로고    scopus 로고
    • Phoenix miracles in emerging markets: recovering without credit from systemic financial crises
    • NBER Working Paper 12101.
    • Calvo, G.A., Izquierdo, A., Talvi, E., 2006. Phoenix miracles in emerging markets: recovering without credit from systemic financial crises. NBER Working Paper 12101.
    • (2006)
    • Calvo, G.A.1    Izquierdo, A.2    Talvi, E.3
  • 8
    • 70349238425 scopus 로고    scopus 로고
    • Misallocation and manufacturing TFP in China and India
    • Hsieh C., Klenow P.J. Misallocation and manufacturing TFP in China and India. Quart. J. Econ. 2009, 124:1403-1447.
    • (2009) Quart. J. Econ. , vol.124 , pp. 1403-1447
    • Hsieh, C.1    Klenow, P.J.2
  • 9
    • 67349159087 scopus 로고    scopus 로고
    • Sudden stops, sectoral reallocations, and the real exchange rate
    • Kehoe T.J., Ruhl K.J. Sudden stops, sectoral reallocations, and the real exchange rate. J. Devel. Econ. 2009, 89:235-249.
    • (2009) J. Devel. Econ. , vol.89 , pp. 235-249
    • Kehoe, T.J.1    Ruhl, K.J.2
  • 10
    • 84928587492 scopus 로고    scopus 로고
    • Employment protection and business cycles in emerging economies. Mimeo.
    • Lama, R., Urrutia, C., 2011. Employment protection and business cycles in emerging economies. Mimeo.
    • (2011)
    • Lama, R.1    Urrutia, C.2
  • 11
    • 78649925307 scopus 로고    scopus 로고
    • Sudden stops, financial crises and leverage
    • Mendoza E.G. Sudden stops, financial crises and leverage. Amer. Econ. Rev. 2010, 100(5):1941-1966.
    • (2010) Amer. Econ. Rev. , vol.100 , Issue.5 , pp. 1941-1966
    • Mendoza, E.G.1
  • 12
    • 84861920690 scopus 로고    scopus 로고
    • A solution to the country risk-business cycles disconnect. Mimeo.
    • Mendoza, E.G., Yue, V.Z., 2009. A solution to the country risk-business cycles disconnect. Mimeo.
    • (2009)
    • Mendoza, E.G.1    Yue, V.Z.2
  • 13
    • 67349201559 scopus 로고    scopus 로고
    • Factor utilization and the real impact of financial crises
    • Article 33
    • Meza F., Quintin E. Factor utilization and the real impact of financial crises. B.E. J. Macroecon. (Adv.) 2007, 7. Article 33.
    • (2007) B.E. J. Macroecon. (Adv.) , vol.7
    • Meza, F.1    Quintin, E.2
  • 14
    • 82655173966 scopus 로고    scopus 로고
    • Financial liberalization, structural change, and real exchange rate appreciations
    • doi:10.1016/j.jinteco.2011.06.001
    • Meza, F., Urrutia, C., 2011. Financial liberalization, structural change, and real exchange rate appreciations. J. Int. Econ. doi:10.1016/j.jinteco.2011.06.001.
    • (2011) J. Int. Econ.
    • Meza, F.1    Urrutia, C.2
  • 15
    • 15844361919 scopus 로고    scopus 로고
    • Business cycles in emerging economies: the role of interest rates
    • Neumeyer P.A., Perri F. Business cycles in emerging economies: the role of interest rates. J. Monet. Econ. 2005, 52:345-380.
    • (2005) J. Monet. Econ. , vol.52 , pp. 345-380
    • Neumeyer, P.A.1    Perri, F.2
  • 16
    • 0344270849 scopus 로고    scopus 로고
    • Debt composition and balance sheet effects of exchange rate volatility in Mexico: a firm level analysis
    • Pratap S., Lobato I.N., Somuano A. Debt composition and balance sheet effects of exchange rate volatility in Mexico: a firm level analysis. Emerging Markets Rev. 2003, 4:450-471.
    • (2003) Emerging Markets Rev. , vol.4 , pp. 450-471
    • Pratap, S.1    Lobato, I.N.2    Somuano, A.3
  • 17
    • 82655165578 scopus 로고    scopus 로고
    • Financial crises and labor market turbulence. Mimeo.
    • Pratap, S., Quintin, E., 2010. Financial crises and labor market turbulence. Mimeo.
    • (2010)
    • Pratap, S.1    Quintin, E.2
  • 18
    • 5144228461 scopus 로고    scopus 로고
    • Firm dynamics, investment and currency composition of debt: accounting for the real effects of the Mexican crisis of 1994
    • Pratap S., Urrutia C. Firm dynamics, investment and currency composition of debt: accounting for the real effects of the Mexican crisis of 1994. J. Devel. Econ. 2004, 75:535-563.
    • (2004) J. Devel. Econ. , vol.75 , pp. 535-563
    • Pratap, S.1    Urrutia, C.2
  • 19
    • 0035175350 scopus 로고    scopus 로고
    • Displaced capital: a study of aerospace plant closings
    • Ramey V., Shapiro M. Displaced capital: a study of aerospace plant closings. J. Polit. Economy 2001, 109:958-992.
    • (2001) J. Polit. Economy , vol.109 , pp. 958-992
    • Ramey, V.1    Shapiro, M.2
  • 20
    • 52149088148 scopus 로고    scopus 로고
    • Policy distortions and aggregate productivity with heterogeneous plants
    • Restuccia D., Rogerson R. Policy distortions and aggregate productivity with heterogeneous plants. Rev. Econ. Dynam. 2008, 11:707-720.
    • (2008) Rev. Econ. Dynam. , vol.11 , pp. 707-720
    • Restuccia, D.1    Rogerson, R.2
  • 21
    • 84919605057 scopus 로고    scopus 로고
    • Time to produce and emerging market crises. Mimeo.
    • Schwartzman, F., 2010. Time to produce and emerging market crises. Mimeo.
    • (2010)
    • Schwartzman, F.1
  • 22
    • 0000890517 scopus 로고
    • Tastes and technology in a two-country model of the business cycle: explaining international comovements
    • Stockman A.C., Tesar L.L. Tastes and technology in a two-country model of the business cycle: explaining international comovements. Amer. Econ. Rev. 1995, 85(1):168-185.
    • (1995) Amer. Econ. Rev. , vol.85 , Issue.1 , pp. 168-185
    • Stockman, A.C.1    Tesar, L.L.2
  • 23
    • 33646190771 scopus 로고    scopus 로고
    • Country spreads and emerging countries: who drives whom?
    • Uribe M., Yue V.Z. Country spreads and emerging countries: who drives whom?. J. Int. Econ. 2006, 69:6-36.
    • (2006) J. Int. Econ. , vol.69 , pp. 6-36
    • Uribe, M.1    Yue, V.Z.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.