Credit Chains And Sectoral Comovement : Does The Use of Trade Credit Amplify Sectoral Shocks? / Raddatz, Claudio
This paper provides evidence of the presence and relevance of a credit-chain amplification mechanism by looking at its implications for the correlation of industries. In particular, it tests the hypothesis that an increase in the use of trade-credit along the input-output chain linking two industrie...
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Auteurs principaux: | Raddatz, Claudio E., 1973-
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Format: | Online-Resource
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Langue: | English |
Publié: | Washington, D.C : The World Bank, 2008
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Sujets: |
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Accès en ligne: | kostenfrei
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