Acharya, V. and Xu, Z. (2017), ‘Financial dependence and innovation: The case of public versus private firms’, Journal of Financial Economics 124(2), 223–243.
Acharya, V. V. and Mora, N. (2015), ‘A crisis of banks as liquidity providers’, Journal of Finance 70(1), 1–43.
Adrian, T., Colla, P. and Shin, H. S. (2012), Which financial frictions? Parsing the evidence from the financial crisis of 2007-9, in ‘NBER Macroeconomics Annual 2012, Volume 27’, University of Chicago Press.
- Aghion, P. and Howitt, P. (1998), Endogenous growth theory, MIT press.
Paper not yet in RePEc: Add citation now
- Aghion, P., Angeletos, G.-M., Banerjee, A. and Manova, K. (2010), ‘Volatility and growth: Credit constraints and the composition of investment’, Journal of Monetary Economics 57(3), 246– 265.
Paper not yet in RePEc: Add citation now
Aghion, P., Askenazy, P., Berman, N., Cette, G. and Eymard, L. (2012), ‘Credit constraints and the cyclicality of R&D investment: Evidence from France’, Journal of the European Economic Association 10(5), 1001–1024.
- Aghion, P., Banerjee, A. and Piketty, T. (1999), ‘Dualism and macroeconomic volatility’, The Quarterly Journal of Economics 114(4), 1359–1397.
Paper not yet in RePEc: Add citation now
- Allen, F. and Gale, D. (1998), ‘Optimal financial crises’, Journal of Finance 53(4), 1245–1284.
Paper not yet in RePEc: Add citation now
Artuç, E. and Pourpourides, P. M. (2014), ‘R&D and aggregate fluctuations’, Journal of Economic Dynamics and Control 47(0), 54–71.
- Asea, P. K. and Blomberg, B. (1998), ‘Lending cycles’, Journal of Econometrics 83(1), 89–128.
Paper not yet in RePEc: Add citation now
Ball, L. M. (2014), Long-term damage from the great recession in OECD countries, Technical report, National Bureau of Economic Research.
- Barlevy, G. (2007), ‘On the cyclicality of research and development’, American Economic Review 97(4), 1131–1164.
Paper not yet in RePEc: Add citation now
- Beck, T., Demirguc-Kunt, A., Laeven, L. and Levine, R. (2008), ‘Finance, firm size, and growth’, Journal of Money, Credit and Banking 40(7), 1379–1405.
Paper not yet in RePEc: Add citation now
- Beck, T., Levine, R. and Loayza, N. (2000), ‘Finance and the sources of growth’, Journal of Financial Economics 58(1-2), 261–300.
Paper not yet in RePEc: Add citation now
- Becker, B. and Ivashina, V. (2014), ‘Cyclicality of credit supply: Firm level evidence’, Journal of Monetary Economics 62, 76–93.
Paper not yet in RePEc: Add citation now
- Benfratello, L., Schiantarelli, F. and Sembenelli, A. (2008), ‘Banks and innovation: Microeconometric evidence on italian firms’, Journal of Financial Economics 90(2), 197–217.
Paper not yet in RePEc: Add citation now
- Bernanke, B. S., Gertler, M. and Gilchrist, S. (1999), ‘The financial accelerator in a quantitative business cycle framework’, Handbook of macroeconomics 1, 1341–1393.
Paper not yet in RePEc: Add citation now
Bertrand, M., Duflo, E. and Mullainathan, S. (2004), ‘How much should we trust differences-indifferences estimates?’, Quarterly Journal of Economics 119(1), 249–275.
- Bianchi, J. and Mendoza, E. G. (2011), ‘Overborrowing, financial crises and macro–prudential policy?’, IMF Working Papers pp. 1–53.
Paper not yet in RePEc: Add citation now
Boissay, F., Collard, F. and Smets, F. (2016), ‘Booms and banking crises’, Journal of Political Economy 124(2), 489–538.
- Bond, S., Harhoff, D. and Van Reenen, J. (2005), ‘Investment, R&D and financial constraints in Britain and Germany’, Annales d’Economie et de Statistique 79, 433–460.
Paper not yet in RePEc: Add citation now
Borio, C. (2014), ‘The financial cycle and macroeconomics: What have we learnt?’, Journal of Banking & Finance 45, 182–198.
- Braun, M. and Larrain, B. (2005), ‘Finance and the business cycle: international, inter-industry evidence’, The Journal of Finance 60(3), 1097–1128.
Paper not yet in RePEc: Add citation now
Brown, J. R., Fazzari, S. M. and Petersen, B. C. (2009), ‘Financing innovation and growth: Cash flow, external equity, and the 1990s R&D boom’, Journal of Finance 64(1), 151–185.
Brown, J. R., Martinsson, G. and Petersen, B. C. (2012), ‘Do financing constraints matter for R&D?’, European Economic Review 56(8), 1512–1529.
Brunnermeier, M. K. and Sannikov, Y. (2014), ‘A macroeconomic model with a financial sector’, American Economic Review 104(2), 379–421.
- Caballero, R. J. and Hammour, M. L. (1994), ‘The cleansing effect of recessions’, American Economic Review 84(5), 1350–1368.
Paper not yet in RePEc: Add citation now
Calderon, C. and Liu, L. (2003), ‘The direction of causality between financial development and economic growth’, Journal of Development Economics 72(1), 321–334.
Campello, M., Graham, J. R. and Harvey, C. R. (2010), ‘The real effects of financial constraints: Evidence from a financial crisis’, Journal of Financial Economics 97(3), 470–487.
- Carlin, W. and Mayer, C. (2003), ‘Finance, investment, and growth’, Journal of Financial Economics 69(1), 191–226.
Paper not yet in RePEc: Add citation now
- Carlsson, H. and Van Damme, E. (1993), ‘Global games and equilibrium selection’, Econometrica 61(5), 989–1018.
Paper not yet in RePEc: Add citation now
- Cerra, V. and Saxena, S. C. (2008), ‘Growth dynamics: the myth of economic recovery’, American Economic Review 98(1), 439–457.
Paper not yet in RePEc: Add citation now
- Comin, D. and Gertler, M. (2006), ‘Medium-term business cycles’, American Economic Review 96(3), 523–551.
Paper not yet in RePEc: Add citation now
- Cornett, M. M., McNutt, J. J., Strahan, P. E. and Tehranian, H. (2011), ‘Liquidity risk management and credit supply in the financial crisis’, Journal of Financial Economics 101(2), 297 – 312.
Paper not yet in RePEc: Add citation now
- Dell’Ariccia, G., Detragiache, E. and Rajan, R. (2008), ‘The real effect of banking crises’, Journal of Financial Intermediation 17(1), 89–112.
Paper not yet in RePEc: Add citation now
- Demirgüç-Kunt, A. and Detragiache, E. (1998), ‘The determinants of banking crises in developing and developed countries’, Staff Papers-International Monetary Fund pp. 81–109.
Paper not yet in RePEc: Add citation now
- Diamond, D. W. and Dybvig, P. H. (1983), ‘Bank runs, deposit insurance, and liquidity’, Journal of Political Economy 91(3), 401–419.
Paper not yet in RePEc: Add citation now
Duchin, R., Ozbas, O. and Sensoy, B. A. (2010), ‘Costly external finance, corporate investment, and the subprime mortgage credit crisis’, Journal of Financial Economics 97(3), 418–435.
Eberhardt, M., Helmers, C. and Strauss, H. (2013), ‘Do spillovers matter when estimating private returns to R&D?’, Review of Economics and Statistics 95(2), 436–448.
- FernaÃŒÂndez, A. I., GonzaÃŒÂlez, F. and SuaÃŒÂrez, N. (2013), ‘The real effect of banking crises: Finance or asset allocation effects? some international evidence’, Journal of Banking & Finance 37(7), 2419–2433.
Paper not yet in RePEc: Add citation now
Furceri, D. and Mourougane, A. (2012), ‘The effect of financial crises on potential output: new empirical evidence from OECD countries’, Journal of Macroeconomics 34(3), 822–832.
Garicano, L. and Steinwender, C. (2015), ‘Survive another day: does uncertain financing affect the composition of investment?’, Review of Economics and Statistics (forthcoming) .
- Gertler, M. and Kiyotaki, N. (2010), ‘Financial intermediation and credit policy in business cycle analysis’, Handbook of monetary economics 3(11), 547–599.
Paper not yet in RePEc: Add citation now
- Goldstein, I. (2010), ‘Fundamentals or panic: lessons from the empirical literature on financial crises’, Available at SSRN 1698047 .
Paper not yet in RePEc: Add citation now
- Goldstein, I. and Pauzner, A. (2005), ‘Demand-deposit contracts and the probability of bank runs’, Journal of Finance 60(3), 1293–1327.
Paper not yet in RePEc: Add citation now
- Gorton, G. and Metrick, A. (2012), ‘Securitized banking and the run on repo’, Journal of Financial Economics 104(3), 425–451.
Paper not yet in RePEc: Add citation now
Guellec, D. and van Pottelsberghe de la Potterie, B. (2001), ‘R&D and productivity growth: panel data analysis of 16 oecd countries’, OECD Economic Studies 33(II), 103–126.
Hall, B. H. and Lerner, J. (2010), ‘The financing of R&D and innovation’, Handbook of the Economics of Innovation 1, 609–639.
Hall, B. H., Mairesse, J. and Mohnen, P. (2010), ‘Measuring the returns to R&D’, Handbook of the Economics of Innovation 2, 1033–1082.
- Holmstrom, B. and Tirole, J. (1998), ‘Private and public supply of liquidity’, Journal of Political Economy 106(1), 1–40.
Paper not yet in RePEc: Add citation now
- Hsu, P.-H., Tian, X. and Xu, Y. (2014), ‘Financial development and innovation: Cross-country evidence’, Journal of Financial Economics 112(1), 116 – 135.
Paper not yet in RePEc: Add citation now
Ippolito, F., PeydroÃŒÂ, J.-L., Polo, A. and Sette, E. (2016), ‘Double bank runs and liquidity risk management’, Journal of Financial Economics 122(1), 135–154.
- Ivashina, V. and Scharfstein, D. (2010), ‘Bank lending during the financial crisis of 2008’, Journal of Financial Economics 97(3), 319–338.
Paper not yet in RePEc: Add citation now
- Jermann, U. and Quadrini, V. (2012), ‘Macroeconomic effects of financial shocks’, American Economic Review 102(1), 238–71.
Paper not yet in RePEc: Add citation now
Jordà, Ò., Schularick, M. and Taylor, A. M. (2011), ‘Financial crises, credit booms, and external imbalances: 140 years of lessons’, IMF Economic Review 59(2), 340–378.
Kahle, K. M. and Stulz, R. M. (2013), ‘Access to capital, investment, and the financial crisis’, Journal of Financial Economics 110(2), 280 – 299.
Kiyotaki, N. and Moore, J. (2012), Liquidity, business cycles, and monetary policy, Working Paper 17934, National Bureau of Economic Research.
- Kroszner, R. S., Laeven, L. and Klingebiel, D. (2007), ‘Banking crises, financial dependence, and growth’, Journal of Financial Economics 84(1), 187–228.
Paper not yet in RePEc: Add citation now
- Laeven, L. and Valencia, F. (2008), ‘Systemic banking crises: a new database’, IMF Working Papers pp. 1–78.
Paper not yet in RePEc: Add citation now
- Laeven, L. and Valencia, F. (2012), ‘Systemic banking crises database: An update’.
Paper not yet in RePEc: Add citation now
Levine, R. (2002), ‘Bank-based or market-based financial systems: Which is better?’, Journal of Financial Intermediation 11(4), 398–428.
- Levine, R. (2005), ‘Finance and growth: theory and evidence’, Handbook of economic growth 1, 865– 934.
Paper not yet in RePEc: Add citation now
Lown, C. and Morgan, D. P. (2006), ‘The credit cycle and the business cycle: new findings using the loan officer opinion survey’, Journal of Money, Credit and Banking pp. 1575–1597.
- Manova, K. (2008), ‘Credit constraints, equity market liberalizations and international trade’, Journal of International Economics 76(1), 33–47.
Paper not yet in RePEc: Add citation now
- Matsuyama, K. (2007), ‘Credit traps and credit cycles’, American Economic Review 97(1), 503–516.
Paper not yet in RePEc: Add citation now
- Morris, S. and Shin, H. S. (1998), ‘Unique equilibrium in a model of self-fulfilling currency attacks’, American Economic Review 88(3), 587–597.
Paper not yet in RePEc: Add citation now
- Morris, S. and Shin, H. S. (2004), ‘Coordination risk and the price of debt’, European Economic Review 48(1), 133–153.
Paper not yet in RePEc: Add citation now
Nanda, R. and Nicholas, T. (2014), ‘Did bank distress stifle innovation during the great depression?’, Journal of Financial Economics 114(2), 273–292.
Ouyang, M. (2011), ‘On the cyclicality of R&D’, Review of Economics and Statistics 93(2), 542–553.
Petersen, M. A. (2009), ‘Estimating standard errors in finance panel data sets: Comparing approaches ’, Review of Financial Studies 22(1), 435–480.
- Raddatz, C. (2006), ‘Liquidity needs and vulnerability to financial underdevelopment’, Journal of Financial Economics 80(3), 677–722.
Paper not yet in RePEc: Add citation now
- Rajan, R. G. and Zingales, L. (1998), ‘Financial dependence and growth’, American Economic Review 88(3), 559–86.
Paper not yet in RePEc: Add citation now
Reinhart, C. M. and Rogoff, K. S. (2014), ‘Recovery from financial crises: Evidence from 100 episodes’, American Economic Review 104(5), 50–55.
Rochet, J.-C. and Vives, X. (2004), ‘Coordination failures and the lender of last resort: was bagehot right after all?’, Journal of the European Economic Association 2(6), 1116–1147.
Schmitz, T. (2017), ‘Endogenous growth, firm heterogeneity and the long-run impact of financial crises’, mimeo Bocconi University .
White, H. (1980), ‘A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity’, Econometrica 48, 817–838.