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Juan M. Sanchez

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Kartik Arthreya & Juan Sanchez & Xuan Tam & Eric Young, 2015. "Labor Market Upheaval, Default Regulation, and Consumer Debt," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(1), pages 32-52, January.

    Mentioned in:

    1. On the relationship between unemployment and late credit card payments
      by ? in FRED blog on 2021-12-27 14:00:00
  2. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Financing Development: The Role of Information Costs," American Economic Review, American Economic Association, vol. 100(4), pages 1875-1891, September.

    Mentioned in:

    1. El spread en el sistema bancario y la delegación de tareas en la actividad productiva
      by Humberto M. Ennis in Foco Económico on 2011-08-31 17:00:00
    2. Development economics needs to refocus on theory
      by Economic Logician in Economic Logic on 2009-04-10 18:35:00
  3. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.

    Mentioned in:

    1. Have you heard the news? News can affect markets : The effects of economic news on expectations of future financial performance
      by ? in FRED blog on 2020-01-27 14:00:00
  4. Jeremy Greenwood & Juan M. Sánchez & Cheng Wang, 2009. "Financing development : the role of information costs," Working Paper 08-08, Federal Reserve Bank of Richmond.

    Mentioned in:

    1. El spread en el sistema bancario y la delegación de tareas en la actividad productiva
      by Humberto M. Ennis in Foco Económico on 2011-08-31 17:00:00
    2. Development economics needs to refocus on theory
      by Economic Logician in Economic Logic on 2009-04-10 18:35:00
  5. Michele Boldrin & Carlos Garriga & Adrian Peralta-Alva & Juan M. Sánchez, 2012. "Reconstructing the great recession," Working Papers 2013-006, Federal Reserve Bank of St. Louis.

    Mentioned in:

    1. The construction sector is key to the business cycle
      by Economic Logician in Economic Logic on 2013-04-09 19:10:00
  6. José Mustre-del-Río & Juan M Sánchez & Ryan Mather & Kartik Athreya, 2025. "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," The Review of Financial Studies, Society for Financial Studies, vol. 38(2), pages 564-604.

    Mentioned in:

    1. Do delinquency rates anticipate recessions?
      by ? in FRED blog on 2025-03-31 13:00:00
  7. Harold L. Cole & Jeremy Greenwood & Juan M. Sánchez, 2012. "Why doesn’t technology flow from rich to poor countries?," Working Papers 2012-040, Federal Reserve Bank of St. Louis.

    Mentioned in:

    1. The missing North-South flow of technology
      by Economic Logician in Economic Logic on 2012-11-09 21:50:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Emerging markets

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Harold L. Cole & Jeremy Greenwood & Juan M. Sanchez, 2016. "Why Doesn't Technology Flow From Rich to Poor Countries?," Econometrica, Econometric Society, vol. 84, pages 1477-1521, July.

    Mentioned in:

    1. Why Doesn't Technology Flow From Rich to Poor Countries? (ECTA 2016) in ReplicationWiki ()

Working papers

  1. Masataka Mori & Juan M. Sánchez, 2023. "What Drove the Growth in Credit Scores during the COVID-19 Pandemic?," On the Economy 97502, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Schaffer, Matthew & Segev, Nimrod, 2025. "Quantitative easing, bank lending, and aggregate fluctuations," Journal of Financial Stability, Elsevier, vol. 81(C).
    2. Donghoon Lee & Daniel Mangrum & Wilbert Van der Klaauw & Crystal Wang, 2024. "Financial Education Affects Financial Decision-Making: Evidence from the COVID-19 Pandemic Response," Staff Reports 1131, Federal Reserve Bank of New York.

  2. Juan M. Sánchez & Olivia Wilkinson, 2022. "The Relationship between Wage Growth and Inflation, One Recession Later," On the Economy 94113, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Gu, Chao & Jiang, Janet Hua & Wang, Liang, 2025. "Credit conditions, inflation, and unemployment," Journal of Economic Theory, Elsevier, vol. 230(C).

  3. Fernando M. Martin & Juan M. Sánchez & Olivia Wilkinson, 2022. "The Economic Impact of COVID-19 around the World," Working Papers 2022-030, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Xiaochen Lin & Hai Long & Yu Chen, 2024. "Looking Back Deeper, Recovering up Better: Resilience-Oriented Contrarian Thinking about COVID-19 Economic Impact," Sustainability, MDPI, vol. 16(15), pages 1-25, August.
    2. Basco, Emiliano & Blanco, Emilio & Libonatti, Luis & Gaffney, Ignacio López, 2026. "Analyzing recent price anomalies in Argentina: Global influences and domestic distortions," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 7(3).
    3. Espino, Emilio César & Kozlowski, Julian & Martin, Fernando M. & Sánchez, Juan M., 2025. "Policy rules and large crises in emerging markets," Journal of International Economics, Elsevier, vol. 158(C).

  4. Dvorkin, Maximiliano & Sanchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2022. "Improving Sovereign Debt Restructurings," CEPR Discussion Papers 17223, Centre for Economic Policy Research.

    Cited by:

    1. Mohammad Mosaffa & Omid Rafieian & Hema Yoganarasimhan, 2025. "Visual Polarization Measurement Using Counterfactual Image Generation," Papers 2503.10738, arXiv.org.
    2. Wicht, Adrien, 2025. "Seniority and sovereign default: The role of official multilateral lenders," Journal of International Economics, Elsevier, vol. 155(C).
    3. Anastasios G. Karantounias & Vytautas Valaitis, 2026. "Greed versus Fear: Optimal Time-Consistent Taxation with Default," School of Economics Discussion Papers 0626, School of Economics, University of Surrey.
    4. Mateos-Planas, Xavier & McCrary, Sean & Ríos-Rull, José-Víctor & Wicht, Adrien, 2025. "Commitment in the canonical sovereign default model," Journal of International Economics, Elsevier, vol. 157(C).
    5. Xavier Mateos-Planas & Sean McCrary & Jose-Victor Rios-Rull & Adrien Wicht, 2026. "The Generalized Euler Equation and the Bankruptcy-Sovereign Default Problem," PIER Working Paper Archive 26-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    6. Felicia Wartiainen & Bram Boer & Pieter Pauw & Henny Romijn, 2024. "Addressing the Twin Crises of Debt and Climate: Exploring Unconditional Debt Cancellation," Development, Palgrave Macmillan;Society for International Deveopment, vol. 67(3), pages 187-196, December.
    7. Marcos Chamon & Francisco Roldán, 2025. "Sovereign Debt Tolerance with Potentially Permanent Costs of Default," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 73(1), pages 118-149, March.
    8. Ioana-Sorina ANDREICA (MIHUT) & Liviu-Daniel DECEANU, 2023. "Country Risk And Political Instability: A Vuca World Approach," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 32(1), pages 444-458, July.
    9. Mahdi Ebsim & Miguel Faria-e-Castro & Julian Kozlowski, 2025. "When Liquidity Matters: Firm Balance Sheets during Large Crises," Working Papers 2025-019, Federal Reserve Bank of St. Louis, revised 11 Mar 2026.
    10. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2023. "External Shocks versus Domestic Policies in Emerging Markets," Review, Federal Reserve Bank of St. Louis, vol. 105(2), pages 108-121, April.
    11. de Paul Kambou, Sansan Vincent, 2025. "Debt relief instruments and external debt dynamics following natural disasters in developing countries," International Economics, Elsevier, vol. 184(C).
    12. Li, Lei & Mihalache, Gabriel, 2025. "Default and development," Journal of International Economics, Elsevier, vol. 155(C).
    13. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    14. Song, Ilhwan & Mihalache, Gabriel, 2026. "Insufficient or excessive investment under sovereign default risk," Journal of International Economics, Elsevier, vol. 160(C).
    15. Philip Barrett & Christopher Johns, 2024. "Parameterizing Debt Maturity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(6), pages 1321-1365, September.
    16. Mallucci, Enrico, 2022. "Natural disasters, climate change, and sovereign risk," Journal of International Economics, Elsevier, vol. 139(C).
    17. Kuang, Pei & Shi, Liang, 2026. "Sovereign debt pricing with shifting long-run growth expectations," European Economic Review, Elsevier, vol. 186(C).
    18. Ibrahima Diarra & Michel Guillard & Hubert Kempf, 2025. "Sovereign Defaults and Debt Sustainability: A Joint Analysis," Open Economies Review, Springer, vol. 36(5), pages 1365-1412, November.
    19. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2022. "Improving Sovereign Debt Restructurings," Working Paper 22-06, Federal Reserve Bank of Richmond.
    20. Achbah, Rachid & Vitanova, Ivana & Fréchet, Marc, 2024. "Failure Escape: The role of advice seeking in CEOs’ awareness of financial difficulties and corporate restructuring," Journal of Business Research, Elsevier, vol. 175(C).
    21. Poeschl, Johannes, 2023. "Corporate debt maturity and investment over the business cycle," European Economic Review, Elsevier, vol. 152(C).
    22. Hatchondo, Juan Carlos & Martinez, Leonardo & Önder, Yasin Kürşat & Roch, Francisco, 2025. "Sovereign CoCos and debt forgiveness," Journal of Monetary Economics, Elsevier, vol. 153(C).

  5. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2020. "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," Research Working Paper RWP 20-13, Federal Reserve Bank of Kansas City, revised 04 Jan 2024.

    Cited by:

    1. Pan, Jia & Zhao, Haoqing & Li, Chengyou, 2025. "Women’s bargaining power and household financial vulnerability: Evidence from China," Finance Research Letters, Elsevier, vol. 86(PD).
    2. Jieun Lee & Ilhyock Shim, 2026. "Lending to vulnerable households and consumption: evidence from Korea," BIS Working Papers 1331, Bank for International Settlements.
    3. Zhang, Xinyi & Zhang, Yizhou, 2026. "The impact of digital finance on household financial vulnerability: Evidence from China," Finance Research Letters, Elsevier, vol. 91(C).
    4. Majlesi, Kaveh & Molin, Elin & Roth, Paula, 2026. "When loss strikes twice: severe health shocks and financial well-being," Working Paper Series 2026:11, IFAU - Institute for Evaluation of Labour Market and Education Policy.

  6. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.

    Cited by:

    1. Anastasios G. Karantounias & Vytautas Valaitis, 2026. "Greed versus Fear: Optimal Time-Consistent Taxation with Default," School of Economics Discussion Papers 0626, School of Economics, University of Surrey.
    2. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," Staff Report 603, Federal Reserve Bank of Minneapolis.
    3. Espino, Emilio César & Kozlowski, Julian & Martin, Fernando M. & Sánchez, Juan M., 2025. "Policy rules and large crises in emerging markets," Journal of International Economics, Elsevier, vol. 158(C).

  7. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2020. "How will COVID-19 Affect Financial Assets, Delinquency and Bankruptcy?," On the Economy 87886, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Daisuke MIYAKAWA & Koki OIKAWA & Kozo UEDA, 2020. "Firm Exit during the COVID-19 Pandemic: Evidence from Japan," Discussion papers 20065, Research Institute of Economy, Trade and Industry (RIETI).

  8. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.

    Cited by:

    1. Niemann, Stefan & Prein, Timm, 2024. "Sovereign Risk under Diagnostic Expectations," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302386, Verein für Socialpolitik / German Economic Association.
    2. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    3. Nada Azmy Elberry & Frank Naert & Stijn Goeminne, 2023. "Optimal public debt composition during debt crises: A review of theoretical literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 351-376, April.
    4. Philip Barrett & Christopher Johns, 2024. "Parameterizing Debt Maturity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(6), pages 1321-1365, September.
    5. Guinea, Laurentiu & Puch, Luis A. & Ruiz, Jesús, 2024. "Energy news shocks and their propagation to renewable and fossil fuels use," Energy Economics, Elsevier, vol. 130(C).
    6. Kuang, Pei & Shi, Liang, 2026. "Sovereign debt pricing with shifting long-run growth expectations," European Economic Review, Elsevier, vol. 186(C).
    7. Ghironi, Fabio & Ozhan, Galip Kemal, 2025. "Interest rate uncertainty as a policy tool?," Journal of International Economics, Elsevier, vol. 158(C).

  9. Fernando Cirelli & Emilio Espino & Juan M. Sánchez, 2018. "Designing Unemployment Insurance for Developing Countries," Working Papers 2018-006, Federal Reserve Bank of St. Louis, revised 10 Sep 2020.

    Cited by:

    1. Finamor, Lucas, 2024. "Labor Market Informality, Risk, and Insurance," MPRA Paper 121662, University Library of Munich, Germany.
    2. Shangguan, Yiwen & Feng, Qiyangfan, 2025. "The power of the business group: Differences in firm hiring decisions under labor protection shock," Economic Modelling, Elsevier, vol. 149(C).
    3. Ndiaye, Abdoulaye & Herkenhoff, Kyle & Cissé, Abdoulaye & Dell’Acqua, Alessandro & Mbaye, Ahmadou A., 2025. "How to fund unemployment insurance with informality and false claims: Evidence from Senegal," Journal of Monetary Economics, Elsevier, vol. 150(C).
    4. Ernst, Ekkehard & Merola, Rossana & Reljic, Jelena, 2024. "Fiscal policy instruments for inclusive labour markets: A review," GLO Discussion Paper Series 1406, Global Labor Organization (GLO).

  10. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "Sovereign Debt Restructurings," Working Papers 2018-13, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Juan C. Hatchondo & Leonardo Martinez & César Sosa-Padilla, 2020. "Sovereign Debt Standstills," NBER Working Papers 28292, National Bureau of Economic Research, Inc.
    2. Mohammad Mosaffa & Omid Rafieian & Hema Yoganarasimhan, 2025. "Visual Polarization Measurement Using Counterfactual Image Generation," Papers 2503.10738, arXiv.org.
    3. Wicht, Adrien, 2025. "Seniority and sovereign default: The role of official multilateral lenders," Journal of International Economics, Elsevier, vol. 155(C).
    4. Anastasios G. Karantounias & Vytautas Valaitis, 2026. "Greed versus Fear: Optimal Time-Consistent Taxation with Default," School of Economics Discussion Papers 0626, School of Economics, University of Surrey.
    5. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2019. "Improving Sovereign Debt Restructurings," Working Papers 2019-36, Federal Reserve Bank of St. Louis, revised 06 Apr 2022.
    6. Boris Hofmann & Nikhil Patel & Steve Pak Yeung Wu, 2022. "Original sin redux: a model-based evaluation," BIS Working Papers 1004, Bank for International Settlements.
    7. Kyle Dempsey & Felicia Ionescu, 2021. "Lending Standards and Borrowing Premia in Unsecured Credit Markets," Finance and Economics Discussion Series 2021-039, Board of Governors of the Federal Reserve System (U.S.).
    8. Marios Karabarbounis & Patrick Macnamara, 2020. "Online Appendix to "Misallocation and Financial Frictions: the Role of Long-Term Financing"," Online Appendices 19-18, Review of Economic Dynamics.
    9. Maideu-Morera, Gerard, 2024. "Optimal Fiscal Rules and Macroprudential Policies with Sovereign Default Risk," TSE Working Papers 24-1534, Toulouse School of Economics (TSE).
    10. Mateos-Planas, Xavier & McCrary, Sean & Ríos-Rull, José-Víctor & Wicht, Adrien, 2025. "Commitment in the canonical sovereign default model," Journal of International Economics, Elsevier, vol. 157(C).
    11. Xavier Mateos-Planas & Sean McCrary & Jose-Victor Rios-Rull & Adrien Wicht, 2026. "The Generalized Euler Equation and the Bankruptcy-Sovereign Default Problem," PIER Working Paper Archive 26-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    12. Tamon Asonuma & Hyungseok Joo, 2021. "Public Capital and Fiscal Constraint in Sovereign Debt Crises," School of Economics Discussion Papers 0621, School of Economics, University of Surrey.
    13. Felicia Wartiainen & Bram Boer & Pieter Pauw & Henny Romijn, 2024. "Addressing the Twin Crises of Debt and Climate: Exploring Unconditional Debt Cancellation," Development, Palgrave Macmillan;Society for International Deveopment, vol. 67(3), pages 187-196, December.
    14. Marcos Chamon & Francisco Roldán, 2025. "Sovereign Debt Tolerance with Potentially Permanent Costs of Default," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 73(1), pages 118-149, March.
    15. Yasin Kür¸sat Önder & Mauricio Villamizar-Villegas & Jose Villegas, 2023. "Debt Moratorium: Theory and Evidence," Borradores de Economia 1253, Banco de la Republica de Colombia.
    16. Fernando Leibovici & David Wiczer, 2019. "Firm-level credit ratings and default in the Great Recession: Theory and evidence," 2019 Meeting Papers 1389, Society for Economic Dynamics.
    17. Maeng, F. S., 2024. "Default, Inflation Expectations, and the Currency Denomination of Sovereign Bonds," Cambridge Working Papers in Economics 2438, Faculty of Economics, University of Cambridge.
    18. Mahdi Ebsim & Miguel Faria-e-Castro & Julian Kozlowski, 2025. "When Liquidity Matters: Firm Balance Sheets during Large Crises," Working Papers 2025-019, Federal Reserve Bank of St. Louis, revised 11 Mar 2026.
    19. Grey Gordon & Pablo Guerron-Quintana, 2019. "A Quantitative Theory of Hard and Soft Sovereign Defaults," 2019 Meeting Papers 412, Society for Economic Dynamics.
    20. Satyajit Chatterjee & Dean Corbae & Kyle P. Dempsey & José-Víctor Ríos-Rull, 2020. "A Quantitative Theory of the Credit Score," NBER Working Papers 27671, National Bureau of Economic Research, Inc.
    21. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2023. "External Shocks versus Domestic Policies in Emerging Markets," Review, Federal Reserve Bank of St. Louis, vol. 105(2), pages 108-121, April.
    22. de Paul Kambou, Sansan Vincent, 2025. "Debt relief instruments and external debt dynamics following natural disasters in developing countries," International Economics, Elsevier, vol. 184(C).
    23. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.
    24. Miguel Faria-e-Castro & Pascal Paul & Juan M. Sánchez, 2021. "Evergreening," Working Papers 2021-012, Federal Reserve Bank of St. Louis, revised Aug 2023.
    25. Li, Lei & Mihalache, Gabriel, 2025. "Default and development," Journal of International Economics, Elsevier, vol. 155(C).
    26. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    27. Song, Ilhwan & Mihalache, Gabriel, 2026. "Insufficient or excessive investment under sovereign default risk," Journal of International Economics, Elsevier, vol. 160(C).
    28. Mallucci, Enrico, 2022. "Natural disasters, climate change, and sovereign risk," Journal of International Economics, Elsevier, vol. 139(C).
    29. Kuang, Pei & Shi, Liang, 2026. "Sovereign debt pricing with shifting long-run growth expectations," European Economic Review, Elsevier, vol. 186(C).
    30. Ibrahima Diarra & Michel Guillard & Hubert Kempf, 2025. "Sovereign Defaults and Debt Sustainability: A Joint Analysis," Open Economies Review, Springer, vol. 36(5), pages 1365-1412, November.
    31. Asonuma, Tamon & Niepelt, Dirk & Ranciere, Romain, 2023. "Sovereign bond prices, haircuts and maturity," Journal of International Economics, Elsevier, vol. 140(C).
    32. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.
    33. Mistak, Jakub & Ozkan, F. Gulcin, 2024. "Asymmetric monetary policy spillovers: the role of supply chains, credit networks and fear of floating," Working Paper Series 2995, European Central Bank.
    34. Grey Gordon, 2019. "Efficient Computation with Taste Shocks," Working Paper 19-15, Federal Reserve Bank of Richmond.
    35. Poeschl, Johannes, 2023. "Corporate debt maturity and investment over the business cycle," European Economic Review, Elsevier, vol. 152(C).
    36. Hatchondo, Juan Carlos & Martinez, Leonardo & Önder, Yasin Kürşat & Roch, Francisco, 2025. "Sovereign CoCos and debt forgiveness," Journal of Monetary Economics, Elsevier, vol. 153(C).

  11. Rodolfo E. Manuelli & Juan M. Sánchez, 2018. "Endogenous Debt Maturity: Liquidity Risk vs. Default Risk," Working Papers 2018-34, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Warinthip Worasak & Nuwat Nookhwun & Pongpitch Amatyakul, 2022. "Monetary Policy and Risk-Taking: Evidence from Thai Corporate Bond Markets," PIER Discussion Papers 186, Puey Ungphakorn Institute for Economic Research.
    2. Julian Kozlowski, 2017. "Long-Term Finance and Economic Development: The Role of Liquidity in Corporate Debt Markets," 2017 Meeting Papers 699, Society for Economic Dynamics.
    3. Suzona Asad & Mostafa Monzur Hasan & Buhui Qiu, 2025. "Corporate culture and debt maturity," International Review of Finance, International Review of Finance Ltd., vol. 25(1), March.

  12. Maximiliano Dvorkin & Emircan Yurdagul & Horacio Sapriza & Juan Sanchez, 2018. "Sovereign Debt Restructuring: A Dynamic Discrete Choice Approach," 2018 Meeting Papers 1273, Society for Economic Dynamics.

    Cited by:

    1. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2020. "Deadly Debt Crises: COVID-19 in Emerging Markets," Staff Report 603, Federal Reserve Bank of Minneapolis.
    2. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2019. "Monetary Policy and Sovereign Risk in Emerging Economies (NK-Default)," Department of Economics Working Papers 19-02-rev1, Stony Brook University, Department of Economics.
    3. Mihalache, Gabriel, 2020. "Sovereign default resolution through maturity extension," Journal of International Economics, Elsevier, vol. 125(C).
    4. Grey Gordon & Pablo Guerron-Quintana, 2019. "A Quantitative Theory of Hard and Soft Sovereign Defaults," 2019 Meeting Papers 412, Society for Economic Dynamics.
    5. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.
    6. Grey Gordon, 2019. "Efficient Computation with Taste Shocks," Working Paper 19-15, Federal Reserve Bank of Richmond.
    7. Marina Azzimonti & Laura Karpuska & Gabriel Mihalache, 2020. "Bargaining over Mandatory Spending and Entitlements," Department of Economics Working Papers 20-02, Stony Brook University, Department of Economics.
    8. Marina Azzimonti & Gabriel P. Mihalache & Laura Karpuska, 2020. "Bargaining over Taxes and Entitlements," NBER Working Papers 27595, National Bureau of Economic Research, Inc.

  13. Jeremy Greenwood & Pengfei Han & Juan M Sanchez, 2018. "Financing Ventures," Economie d'Avant Garde Research Reports 29, Economie d'Avant Garde.
    • Jeremy Greenwood & Pengfei Han & Juan M. Sánchez, 2022. "Financing Ventures," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(3), pages 1021-1053, August.

    Cited by:

    1. Murat Alp Celik & Xu Tian, 2023. "Agency Frictions, Managerial Compensation, and Disruptive Innovations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 16-38, December.
    2. Juan M. Sánchez, 2019. "Tax Cuts, Venture Capital, and Long-Term Growth," Economic Synopses, Federal Reserve Bank of St. Louis, issue 22, August.
    3. Murat Celik & Xu Tian, 2018. "Corporate Governance, Managerial Compensation, and Disruptive Innovations," 2018 Meeting Papers 590, Society for Economic Dynamics.

  14. Kartik B. Athreya & José Mustre-del-Río & Juan M. Sánchez, 2017. "The Persistence of Financial Distress," Research Working Paper RWP 17-15, Federal Reserve Bank of Kansas City.

    Cited by:

    1. Christa Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott Nelson & Wilbert van der Klaauw & Jialan Wang, 2025. "Consumer Credit Reporting Data," Journal of Economic Literature, American Economic Association, vol. 63(2), pages 598-636, June.
    2. Satyajit Chatterjee & Burcu Eyigungor, 2026. "Explaining Contract Heterogeneity in the Credit Card Market," Working Papers 26-03, Federal Reserve Bank of Philadelphia.
    3. Amanda Wuth & Magdalena Cismaru, 2021. "A Conceptual and Operational Review of the Negative Financial Health Terminology and Constructs," International Business Research, Canadian Center of Science and Education, vol. 14(4), pages 1-1, April.
    4. Olga Gorbachev & María José Luengo-Prado, 2019. "The Credit Card Debt Puzzle: The Role of Preferences, Credit Access Risk, and Financial Literacy," The Review of Economics and Statistics, MIT Press, vol. 101(2), pages 294-309, May.
    5. Fulford, Scott L. & Schuh, Scott D., 2024. "Credit cards, credit utilization, and consumption," Journal of Monetary Economics, Elsevier, vol. 148(C).
    6. David Aristei & Manuela Gallo & Pierluigi Murro, 2025. "Financial Knowledge and Financial Fragility: Longitudinal Evidence from Italy," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 11(2), pages 667-702, July.
    7. Kyle Dempsey & Felicia Ionescu, 2021. "Lending Standards and Borrowing Premia in Unsecured Credit Markets," Finance and Economics Discussion Series 2021-039, Board of Governors of the Federal Reserve System (U.S.).
    8. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2019. "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," Working Papers 2019-025, Federal Reserve Bank of St. Louis, revised 11 Sep 2023.
    9. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2019. "Consumption in the Great Recession: The Financial Distress Channel," Working Paper 19-13, Federal Reserve Bank of Richmond.
    10. French, Declan, 2023. "Exploring household financial strain dynamics," International Review of Financial Analysis, Elsevier, vol. 86(C).
    11. Mark Aguiar & Mark Bils & Corina Boar, 2025. "Who Are the Hand-to-Mouth?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 92(3), pages 1293-1340.
    12. Kyle F. Herkenhoff & Gajendran Raveendranathan, 2020. "Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry," NBER Working Papers 26604, National Bureau of Economic Research, Inc.
    13. Mark A. Aguiar & Mark Bils & Corina Boar, 2020. "Who Are the Hand-to-Mouth?," NBER Working Papers 26643, National Bureau of Economic Research, Inc.
    14. Mark Aguiar & Mark Bils & Corina Boar, 2020. "Who Are the Hand-to-Mouth?," Working Papers 2020-9, Princeton University. Economics Department..
    15. Fulford, Scott & Shupe, Cortnie, 2026. "Time preferences, rates of return, and real-world investment decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 241(C).
    16. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2020. "Household Financial Distress and the Burden of 'Aggregate' Shocks," Working Paper 20-12, Federal Reserve Bank of Richmond.
    17. Kyle Dempsey & Felicia Ionescu, 2019. "Lending Standards and Consumption Insurance over the Business Cycle," 2019 Meeting Papers 1428, Society for Economic Dynamics.
    18. Roth, Paula, 2020. "Inequality, Relative Deprivation and Financial Distress: Evidence from Swedish Register Data," Working Paper Series 1374, Research Institute of Industrial Economics.
    19. Balloch, Adnan & Engels, Christian & Philip, Dennis, 2022. "When It Rains It Drains: Psychological Distress and Household Net Worth," Journal of Banking & Finance, Elsevier, vol. 143(C).

  15. Alexander Monge-Naranjo & Juan M. Sánchez & Raül Santaeulàlia-Llopis, 2017. "Natural Resources and Global Misallocation," Working Papers 994, Barcelona School of Economics.

    Cited by:

    1. Dávila, Andrés O. & Fernandez Sierra, Manuel & Zuleta, Hernando, 2021. "The Natural Resource Boom and the Uneven Fall of the Labor Share," IZA Discussion Papers 14592, IZA Network @ LISER.
    2. Edward B. Barbier & Dale T. Manning, 2026. "Convergence and natural capital," Economic Change and Restructuring, Springer, vol. 59(4), pages 1-30, August.
    3. Maya Eden, 2019. "International Liquidity Rents," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 147-159, January.
    4. Calderon,Cesar & Castillo Castro,Catalina, 2019. "Trade Integration and Growth : Evidence from Sub-Saharan Africa," Policy Research Working Paper Series 8859, The World Bank.
    5. Dai, Sheng & Kuosmanen, Natalia & Kuosmanen, Timo & Liesiö, Juuso, 2025. "Optimal resource allocation: Convex quantile regression approach," European Journal of Operational Research, Elsevier, vol. 324(1), pages 221-230.
    6. Dai, Sheng & Kuosmanen, Timo & Liao, Zhiqiang, 2026. "Quantifying potential gains from efficient resource reallocation: A counterfactual analysis of economic growth in 284 Chinese cities," Economic Modelling, Elsevier, vol. 157(C).
    7. Mutreja, Piyusha, 2024. "Marginal product of equipment and structures capital," Economics Letters, Elsevier, vol. 234(C).
    8. Maya Eden & Kevin Kuruc, 2026. "Would a larger population increase long-run incomes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 62, November.
    9. Laiqun Jin & Xiuyan Liu & Sam Hak Kan Tang, 2021. "High-Technology Zones, Misallocation of Resources among Cities and Aggregate Productivity: Evidence from China," Economics Discussion / Working Papers 21-11, The University of Western Australia, Department of Economics.
    10. Germain, Marc, 2020. "Limits to growth and structural change," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 204-221.
    11. David Anthoff & Francis Dennig & Johannes Emmerling, 2026. "On Differentiated Carbon Prices and Discount Rates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 89(8), pages 1-18, August.
    12. Marc Germain, 2020. "Limits to growth and structural change," Post-Print hal-03129992, HAL.
    13. Maurice Obstfeld, 2025. "Natural and Neutral Real Interest Rates: Past and Future," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 73(2), pages 339-392, June.
    14. Yasumasa Morito & Kenichi Ueda, 2024. "Bilateral Lucas Paradox," CARF F-Series CARF-F-581, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    15. Hassan, Tarek & Zhang, Tony, 2020. "The Economics of Currency Risk," CEPR Discussion Papers 15313, Centre for Economic Policy Research.
    16. Jin, Laiqun & Dai, Jiaying & Jiang, Weijie & Cao, Kairui, 2023. "Digital finance and misallocation of resources among firms: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 66(C).
    17. Yingying Shi, 2024. "Corruption, technical efficiency and total factor productivity growth: empirical evidence from China," Economic Change and Restructuring, Springer, vol. 57(6), pages 1-24, December.
    18. Matt Lowe & Chris Papageorgiou & Fidel Perez‐Sebastian, 2019. "The Public and Private Marginal Product of Capital," Economica, London School of Economics and Political Science, vol. 86(342), pages 336-361, April.
    19. Sheng Dai & Timo Kuosmanen & Zhiqiang Liao, 2024. "Economic growth of cities: Does resource allocation matter?," Papers 2410.04918, arXiv.org.
    20. Claudia De La Huerta & Emiliano Luttini, 2017. "The Implications of Exhaustible Resources and Sectoral Composition for Growth Accounting: An Application to Chile," Working Papers Central Bank of Chile 807, Central Bank of Chile.

  16. Marianna Kudlyak & Juan M. Sánchez, 2016. "Revisiting the Behavior of Small and Large Firms during the 2008 Financial Crisis," Working Paper Series 2016-22, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Alam, M. Jahangir, 2020. "Capital misallocation: Cyclicality and sources," Journal of Economic Dynamics and Control, Elsevier, vol. 112(C).
    2. Iman Cheratian & Saleh Goltabar & Mohammad Reza Farzanegan, 2023. "Firms persistence under sanctions: Micro‐level evidence from Iran," The World Economy, Wiley Blackwell, vol. 46(8), pages 2408-2431, August.
    3. Benjamin Pugsley & Sebastian Dyrda, 2017. "Taxes, Regulations of Businesses and Evolution of Income Inequality in the US," 2017 Meeting Papers 1463, Society for Economic Dynamics.
    4. Gareth Anderson & Saleem Bahaj & Matthieu Chavaz & Angus Foulis & Gabor Pinter, 2023. "Lending Relationships and the Collateral Channel," Review of Finance, European Finance Association, vol. 27(3), pages 851-887.
    5. Iman Cheratian & Saleh Goltabar & Mohammad Reza Farzanegan, 2022. "Survival Strategies under Sanctions: Firm-Level Evidence from Iran," CESifo Working Paper Series 9568, CESifo.
    6. Alam, M. Jahangir & Alvi, Eskander, 2024. "The long-run effects of monetary policy: The role of R&D investment in economic growth," Economic Modelling, Elsevier, vol. 137(C).
    7. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95, November.
    8. Christos Axioglou & Nicos Christodoulakis, 2021. "Which firms survive in a crisis? Investigating Gibrat’s Law in Greece 2001–2014," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(2), pages 159-217, June.
    9. Emin M. Dinlersoz & Henry Hyatt & Ṣebnem Kalemli-Özcan & Veronika Penciakova, 2019. "Leverage over the Firm Life Cycle, Firm Growth, and Aggregate Fluctuations," FRB Atlanta Working Paper 2019-18, Federal Reserve Bank of Atlanta.
    10. Mina, Andrea & Santoleri, Pietro, 2021. "The effect of the Great Recession on the employment growth of young vs. small firms in the Eurozone," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 184-194.
    11. David Florian Hoyle & Johanna L. Francis, 2019. "Lending frictions and nominal rigidities: Implications for credit reallocation and TFP," Working Papers 142, Peruvian Economic Association.
    12. Iman Cheratian & Saleh Goltabar & Hassan Gholipour Fereidouni & Mohammad Reza Farzanegan, 2023. "External Financing and Firm Growth: Evidence from Micro, Small, and Medium Enterprises in Iran," MAGKS Papers on Economics 202308, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    13. Bahaj, Saleem Abubakr & Foulis, Angus & Pinter, Gabor & Surico, Paolo, 2018. "Employment and the collateral channel of monetary policy," LSE Research Online Documents on Economics 100934, London School of Economics and Political Science, LSE Library.
    14. Branten, Eva & Lamo, Ana & Rõõm, Tairi, 2018. "Nominal wage rigidity in the EU countries before and after the Great Recession: evidence from the WDN surveys," Working Paper Series 2159, European Central Bank.
    15. Thi Hong Van Hoang & Călin Gurău & Amine Lahiani & Thuy-Luu Seran, 2017. "Do crises impact capital structure? A study of French micro-enterprises," Post-Print hal-03608784, HAL.
    16. O. Carboni & Medda, 2017. "Do Investment and Innovation Boost Export? An Analysis on European Firms," Working Paper CRENoS 201708, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    17. Mahdi Ebsim & Miguel Faria-e-Castro & Julian Kozlowski, 2025. "When Liquidity Matters: Firm Balance Sheets during Large Crises," Working Papers 2025-019, Federal Reserve Bank of St. Louis, revised 11 Mar 2026.
    18. Bianco, Timothy, 2021. "Monetary policy and credit flows," Journal of Macroeconomics, Elsevier, vol. 70(C).
    19. Faia, Ester & Pezone, Vincenzo, 2018. "The Cost of Wage Rigidity," CEPR Discussion Papers 13407, Centre for Economic Policy Research.
    20. Ruhollah Eskandari & Morteza Zamanian, 2023. "Heterogeneous responses to corporate marginal tax rates: Evidence from small and large firms," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(7), pages 1018-1047, November.
    21. Shah, Rohan, 2024. "Financial crises with different collateral types," Journal of Economic Dynamics and Control, Elsevier, vol. 166(C).
    22. Brault, Joshua & Khan, Hashmat, 2024. "Large firms and the cyclicality of US labour productivity," Journal of Macroeconomics, Elsevier, vol. 82(C).
    23. Ester Faia & Vincenzo Pezone, 2019. "Monetary Policy and the Cost of Wage Rigidity: Evidence from the Stock Market," 2019 Meeting Papers 278, Society for Economic Dynamics.
    24. Thi Hong Hoang & Călin Gurău & Amine Lahiani & Thuy-Luu Seran, 2018. "Do crises impact capital structure? A study of French micro-enterprises," Small Business Economics, Springer, vol. 50(1), pages 181-199, January.
    25. Lucio Masserini & Matilde Bini & Alessandro Zeli, 2021. "A Longitudinal Analysis of Riskiness Indicators After the 2008 and 2011 Economic Crises: The Case of Italian Manufacturing," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 156(2), pages 499-513, August.
    26. Antoine Bertheau & Rune Vejlin, 2025. "Job Ladders by Firm Wage and Productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 58, October.
    27. Bianco, Timothy & Herrera, Ana María, 2025. "Monetary policy and credit flows: A tale of two effective lower bounds," Journal of Economic Dynamics and Control, Elsevier, vol. 175(C).
    28. Kame Babilla, Thierry U., 2023. "Digital innovation and financial access for small and medium-sized enterprises in a currency union," Economic Modelling, Elsevier, vol. 120(C).
    29. Cooper Howes, 2019. "Financial Constraints, Sectoral Heterogeneity, and the Cyclicality of Investment," 2019 Meeting Papers 1581, Society for Economic Dynamics.
    30. Bahaj, Saleem & Foulis, Angus & Pinter, Gabor & Surico, Paolo, 2022. "Employment and the residential collateral channel of monetary policy," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 26-44.
    31. Lee Mihye, 2023. "Determinants of Firm-Level Growth: Lessons from the Czech Republic, Hungary, and Poland," South East European Journal of Economics and Business, Paradigm, vol. 18(1), pages 46-57, June.
    32. Keith Anderson & Anup Chowdhury & Moshfique Uddin, 2025. "Piotroski's Fscore under varying economic conditions," Review of Quantitative Finance and Accounting, Springer, vol. 64(3), pages 1261-1307, April.
    33. Oliviero A. Carboni & Giuseppe Medda, 2021. "Innovative activities and investment decision: evidence from European firms," The Journal of Technology Transfer, Springer, vol. 46(1), pages 172-196, February.
    34. Eggers, Fabian, 2020. "Masters of disasters? Challenges and opportunities for SMEs in times of crisis," Journal of Business Research, Elsevier, vol. 116(C), pages 199-208.
    35. Salem Abo‐Zaid & Anastasia Zervou, 2020. "Financing of Firms, Labor Reallocation, and the Distributional Role of Monetary Policy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 790-823, April.
    36. Gete, Pedro, 2018. "Lending standards and macroeconomic dynamics," Working Paper Series 2207, European Central Bank.
    37. Ezgi Kurt, 2025. "Asymmetric Effects of Monetary Policy on Firms," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 57(8), pages 2159-2188, December.

  17. Marianna Kudlyak & Juan M. Sánchez, 2016. "Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms," Working Papers 2016-5, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Nicolas Crouzet & Neil Mehrotra, 2017. "Small and Large Firms over the Business Cycle," Working Papers 741, Federal Reserve Bank of Minneapolis.
    2. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, IZA Network @ LISER.
    3. Salem Abo-Zaid & Anastasia Zervou, 2016. "Financing of Firms, Labor Reallocation and the Distributional Role of Monetary Policy," Working Papers 20161020_001, Texas A&M University, Department of Economics.
    4. Nicolas Crouzet, 2021. "Credit Disintermediation and Monetary Policy," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(1), pages 23-89, March.
    5. Neil Mehrotra, 2018. "Debt Sustainability in a Low Interest Rate World," 2018 Meeting Papers 285, Society for Economic Dynamics.
    6. Nicolas Crouzet & Neil R. Mehrotra, 2018. "Small and Large Firms Over the Business Cycle," Working Papers 18-09, Center for Economic Studies, U.S. Census Bureau.

  18. Harold L Cole & Jeremy Greenwood & Juan M Sanchez, 2014. "Why Doesn't Technology Flow from Rich to Poor Countries?," Economie d'Avant Garde Research Reports 25, Economie d'Avant Garde.

    Cited by:

    1. Denila Jinny Arulraj & Thillai Rajan Annamalai, 2020. "Firms’ Financing Choices and Firm Productivity: Evidence from an Emerging Economy," International Journal of Global Business and Competitiveness, Springer, vol. 15(1), pages 35-48, June.
    2. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis.
    3. Babasyan, Davit & Gu, Yunfan & Melecky, Martin, 2023. "Late banking transitions: Comparing Uzbekistan to earlier reformers," World Development Perspectives, Elsevier, vol. 30(C).
    4. Lopez-Martin, Bernabe & Perez-Reyna, David, 2021. "Contracts, firm dynamics, and aggregate productivity," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    5. Johannes Boehm, 2017. "The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity," 2017 Meeting Papers 801, Society for Economic Dynamics.
    6. Galina Vereshchagina, 2023. "Financial constraints and economic development: the role of firm productivity investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 322-342, December.
    7. Dutz, Mark A., 2013. "Resource reallocation and innovation : converting enterprise risks into opportunities," Policy Research Working Paper Series 6534, The World Bank.
    8. Espino, Emilio & Kozlowski, Julian & Sánchez, Juan M., 2018. "Investment and bilateral insurance," Journal of Economic Theory, Elsevier, vol. 176(C), pages 311-341.
    9. Francisco J. Buera & Hugo A. Hopenhayn & Yongseok Shin & Nicholas Trachter, 2021. "Big Push in Distorted Economies," Working Paper 21-07, Federal Reserve Bank of Richmond.
    10. Ying Feng & David Lagakos & James E. Rauch, 2018. "Unemployment and Development," NBER Working Papers 25171, National Bureau of Economic Research, Inc.
    11. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2012. "Quantifying the Impact of Financial Development on Economic Development," RCER Working Papers 572, University of Rochester - Center for Economic Research (RCER).
    12. Idossou Marius Adom & Immo Schott, 2024. "Input Delays, Firm Dynamics, and Misallocation in Sub-Saharan Africa," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 53, pages 147-172, July.
    13. Jeremy Greenwood & Pengfei Han & Juan M. Sánchez, 2017. "Financing Ventures," Working Papers 2017-035, Federal Reserve Bank of St. Louis, revised Nov 2021.
    14. Bircan, Cagatay & De Haas, Ralph, 2019. "The Limits of Lending? Banks and Technology Adoption across Russia," CEPR Discussion Papers 13663, Centre for Economic Policy Research.
    15. Nezih Guner & Andrii Parkhomenko & Gustavo Ventura, 2018. "Managers and Productivity Differences," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 256-282, July.
    16. Michael Peters & Ufuk Akcigit, 2014. "Lack of Selection and Poor Management Practices: Firm Dynamics in Developing Countries," 2014 Meeting Papers 762, Society for Economic Dynamics.
    17. Wu, Guiying Laura, 2018. "Capital misallocation in China: Financial frictions or policy distortions?," Journal of Development Economics, Elsevier, vol. 130(C), pages 203-223.
    18. Hsieh, Chang-Tai & Klenow, Peter J., 2012. "The Life Cycle of Plants in India and Mexico," Working Papers 12-20, Center for Economic Studies, U.S. Census Bureau.
    19. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2015. "The Interaction of Entry Barriers and Financial Frictions in Growth," 2015 Meeting Papers 792, Society for Economic Dynamics.
    20. Berstein Solange & Mario Marcel, 2019. "El Sistema Financiero en Chile: Lecciones de la Historia Reciente," Economic Policy Papers Central Bank of Chile 67, Central Bank of Chile.
    21. Yoshiki Ando, 2024. "Dynamics of High-Growth Young Firms and the Role of Venture Capitalists," PIER Working Paper Archive 24-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    22. Julian Kozlowski, 2017. "Long-Term Finance and Economic Development: The Role of Liquidity in Corporate Debt Markets," 2017 Meeting Papers 699, Society for Economic Dynamics.
    23. Jeremy Greenwood & Pengfei Han & Hiroshi Inokuma & Juan M. Sánchez, 2023. "An Elementary Model of VC Financing and Growth," Review, Federal Reserve Bank of St. Louis, vol. 105(1), pages 66-73, January.
    24. Michael Knoblach & Fabian Stöckl, 2020. "What Determines The Elasticity Of Substitution Between Capital And Labor? A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 34(4), pages 847-875, September.
    25. Joris Tielens & Simone Lenzu & David A. Rivers & Shi Hu, 2025. "Financial shocks, producivity and prices," Working Paper Research 479, National Bank of Belgium.
    26. Francisco J. Buera & Joseph P. Kaboski & Yongseok Shin, 2015. "Entrepreneurship and Financial Frictions: A Macro-Development Perspective," NBER Working Papers 21107, National Bureau of Economic Research, Inc.
    27. Rafael Guntin & Federico Kochen, 2025. "The Origins of Top Firms," Working Papers wp2025_2516, CEMFI.
    28. Zhang, Qun & Qiu, Bin & Sun, Shaoqin, 2024. "Improving financial productivity and upgrading in global value chains," Finance Research Letters, Elsevier, vol. 67(PA).
    29. Campiglio, Emanuele & Spiganti, Alessandro & Wiskich, Anthony, 2024. "Clean innovation, heterogeneous financing costs, and the optimal climate policy mix," LSE Research Online Documents on Economics 126063, London School of Economics and Political Science, LSE Library.
    30. Diego Restuccia & Richard Rogerson, 2013. "Misallocation and productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 1-10, January.
    31. Benjamin Moll & Robert M. Townsend & Victor Zhorin, 2013. "Economic Development, Flow of Funds and the Equilibrium Interaction of Financial Frictions," NBER Working Papers 19618, National Bureau of Economic Research, Inc.
    32. Santaeulàlia-Llopis, Raül ; Zheng, Yu, 2016. "The Price of Growth: Consumption Insurance in China 1989-2009," Economics Working Papers ECO2016/13, European University Institute.
    33. Jafar M. Olimov & Yi-Chan Tsai & Hao-Yu Yang, 2025. "Heterogeneous Bribery, Technology Choice, and Capital Accumulation," Papers 2507.13124, arXiv.org, revised Jul 2025.
    34. Rui Castro & Pavel Ševčík, 2024. "Occupational choice, human capital and financial constraints," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(3), pages 674-703, August.
    35. Ms. Era Dabla-Norris & Yan Ji & Robert M. Townsend & Ms. Filiz D Unsal, 2015. "Identifying Constraints to Financial Inclusion and Their Impact on GDP and Inequality: A Structural Framework for Policy," IMF Working Papers 2015/022, International Monetary Fund.
    36. Francisco Queiró, 2018. "Entrepreneurial Human Capital and Firm Dynamics," GEE Papers 00116, Direção-Geral da Economia – DGE (Directorate-General of the Economy), revised Dec 2018.
    37. Julian Neira, 2016. "Bankruptcy and Cross-Country Differences in Productivity," 2016 Meeting Papers 228, Society for Economic Dynamics.
    38. Ek, Chanbora & Wu, Guiying Laura, 2018. "Investment-cash flow sensitivities and capital misallocation," Journal of Development Economics, Elsevier, vol. 133(C), pages 220-230.
    39. Harold L. Cole & Jeremy Greenwood & Juan M. Sanchez, 2016. "Why Doesn't Technology Flow From Rich to Poor Countries?," Econometrica, Econometric Society, vol. 84(4), pages 1477-1521, July.
    40. Julian Kozlowski & Juan Sanchez & Emilio Espino, 2015. "Too Big to Cheat: Efficiency and Investment in Partnerships," 2015 Meeting Papers 1308, Society for Economic Dynamics.
    41. Akcigit, Ufuk & Dinlersoz, Emin & Greenwood, Jeremy & Penciakova, Veronika, 2019. "Synergizing Ventures," CEPR Discussion Papers 13932, Centre for Economic Policy Research.
    42. Emircan Yurdagul & Julieta Caunedo, 2015. "Who Quits Next? Firm Growth in Growing Economies," 2015 Meeting Papers 1240, Society for Economic Dynamics.
    43. De Visscher, Stef & Eberhardt, Markus & Everaert, Gerdie, 2020. "Estimating and testing the multicountry endogenous growth model," Journal of International Economics, Elsevier, vol. 125(C).
    44. Dozie Okoye, 2016. "Appropriate Technology And Income Differences," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(3), pages 955-996, August.
    45. Todtenhaupt, Maximilian & Voget, Johannes & Feld, Lars P. & Ruf, Martin & Schreiber, Ulrich, 2020. "Taxing away M&A: Capital gains taxation and acquisition activity," European Economic Review, Elsevier, vol. 128(C).
    46. Marcio Cruz & Mark A. Dutz & Carlos Rodríguez-Castelán, 2022. "Digital Senegal for Inclusive Growth [Sénégal numérique et croissance inclusive]," World Bank Publications - Books, The World Bank Group, number 36860.
    47. Nam, Jaejun & Kim, Nayeon, 2025. "Limits of Knowledge Spillovers: Why Developing Economies Struggle to Catch Up," MPRA Paper 126362, University Library of Munich, Germany.

  19. Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2014. "Sovereign Default and the Choice of Maturity," Working Papers 2014-31, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Pancrazi, Roberto & Seoane, Hernán D. & Vukotić, Marija, 2020. "Welfare gains of bailouts in a sovereign default model," Journal of Economic Dynamics and Control, Elsevier, vol. 113(C).
    2. Yan Bai & Seon Tae Kim & Gabriel P. Mihalache, 2015. "The Maturity and Payment Schedule of Sovereign Debt," NBER Working Papers 20896, National Bureau of Economic Research, Inc.
    3. Leonardo Martinez & Juan Hatchondo, 2017. "Sovereign Cocos and the Reprofiling of Debt Payments," 2017 Meeting Papers 1435, Society for Economic Dynamics.
    4. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    5. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    6. Grey Gordon & Pablo Guerron-Quintana, 2018. "Dynamics of Investment, Debt, and Default," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 28, pages 71-95, April.
    7. Mark Aguiar & Satyajit Chatterjee & Harold Cole & Zachary Stangebye, 2016. "Quantitative Models of Sovereign Debt Crises," NBER Working Papers 22125, National Bureau of Economic Research, Inc.
    8. Javier Bianchi & Jorge Mondragon, 2018. "Monetary Independence and Rollover Crises," Working Papers 755, Federal Reserve Bank of Minneapolis.
    9. Gabriel Mihalache, 2017. "Sovereign Default Resolution Through Maturity Extension," Department of Economics Working Papers 17-08, Stony Brook University, Department of Economics.

  20. Kartik B. Athreya & Juan M. Sánchez & Xuan S. Tam & Eric Young, 2014. "Labor market upheaval, default regulations, and consumer debt," Working Papers 2014-2, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Paulo Rogério Faustino Matos, 2019. "The role of household debt and delinquency decisions in consumption-based asset pricing," Annals of Finance, Springer, vol. 15(2), pages 179-203, June.
    2. Halford, Joseph T. & Hayes, Rachel M. & Sibilkov, Valeriy, 2024. "Personal bankruptcy costs, union bargaining power, and capital structure," Journal of Banking & Finance, Elsevier, vol. 168(C).
    3. Laura Argys & Andrew Friedson & M. Melinda Pitts, 2016. "Killer Debt: The Impact of Debt on Mortality," FRB Atlanta Working Paper 2016-14, Federal Reserve Bank of Atlanta.
    4. Gajendran Raveendranathan, 2018. "Improved Matching, Directed Search, and Bargaining in the Credit Card Market," 2018 Meeting Papers 112, Society for Economic Dynamics.
    5. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship," Working Papers 2017-011, Human Capital and Economic Opportunity Working Group.
    6. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," Working Papers 2017-012, Human Capital and Economic Opportunity Working Group.
    7. Legal, Diego & Young, Eric R., 2024. "The effect of minimum wages on consumer bankruptcy," Journal of Economics and Business, Elsevier, vol. 129(C).
    8. Kyle Herkenhoff & Lee Ohanian, 2019. "The Impact of Foreclosure Delay on U.S. Employment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 63-83, January.
    9. Kyle F. Herkenhoff, 2018. "The Impact of Consumer Credit Access on Unemployment," NBER Working Papers 25187, National Bureau of Economic Research, Inc.
    10. Florian Exler, 2019. "Personal Bankruptcy and Wage Garnishment," Vienna Economics Papers vie1908, University of Vienna, Department of Economics.
    11. Antonio Antunes & Valerio Ercolani, 2020. "Public debt expansions and the dynamics of the household borrowing constraint," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 1-32, July.
    12. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    13. Jiseob Kim, 2020. "How Unsecured Credit Policies Influence Mortgage and Unsecured Loan Defaults," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(5), pages 1271-1304, August.
    14. Meir Russ, 2017. "The Trifurcation of the Labor Markets in the Networked, Knowledge-Driven, Global Economy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(2), pages 672-703, June.
    15. Kartik B. Athreya & Juan M. Sánchez & Xuan S. Tam & Eric Young, 2016. "Bankruptcy and Delinquency in a Model of Unsecured Debt," Working Paper 16-12, Federal Reserve Bank of Richmond.
    16. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    17. Daphne Chen & Jake Zhao, 2016. "The Impact of Personal Bankruptcy on Labor Supply Decisions," Department of Economics Working Papers 16-01, Stony Brook University, Department of Economics.
    18. Gajendran Raveendranathan & Georgios Stefanidis, 2020. "The Unprecedented Fall in U.S. Revolving Credit," Department of Economics Working Papers 2020-05, McMaster University.
    19. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2020. "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," Research Working Paper RWP 20-13, Federal Reserve Bank of Kansas City, revised 04 Jan 2024.
    20. Kartik B. Athreya & Ryan Mather & José Mustre-del-Río & Juan M. Sánchez, 2020. "Household Financial Distress and the Burden of 'Aggregate' Shocks," Working Paper 20-12, Federal Reserve Bank of Richmond.
    21. Mendicino, Caterina & Cavalcanti, Tiago & Antunes, Antonio & Peruffo, Marcel & Villamil, Anne, 2021. "Tighter Credit and Consumer Bankruptcy Insurance," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242407, Verein für Socialpolitik / German Economic Association.
    22. J. Carter Braxton & Kyle F. Herkenhoff & Gordon M. Phillips, 2020. "Can the Unemployed Borrow? Implications for Public Insurance," NBER Working Papers 27026, National Bureau of Economic Research, Inc.
    23. Carlos Madeira, 2016. "Measuring the Covariance Risk of Consumer Debt Portfolios," Working Papers Central Bank of Chile 793, Central Bank of Chile.
    24. Carlos Madeira, 2016. "Explaining the Cyclical Volatility of Consumer Debt Risk," Working Papers Central Bank of Chile 772, Central Bank of Chile.
    25. Madeira, Carlos, 2018. "Explaining the cyclical volatility of consumer debt risk using a heterogeneous agents model: The case of Chile," Journal of Financial Stability, Elsevier, vol. 39(C), pages 209-220.

  21. Espino, Emilio & Sánchez, Juan M., 2013. "Unemployment Insurance in High Informality Countries," IDB Publications (Working Papers) 4550, Inter-American Development Bank.

    Cited by:

    1. Sehnbruch, Kirsten & Carranza, Rafael & Prieto, José Joaquín, 2018. "The political economy of unemployment insurance based on individual savings account: lessons from Chile," LSE Research Online Documents on Economics 90663, London School of Economics and Political Science, LSE Library.

  22. Emilio Espino & Julian Kozlowski & Juan M. Sánchez, 2013. "Investment and Bilateral Insurance," Working Papers 2013-001, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Nicolas Caramp & Julian Kozlowski & Keisuke Teeple, 2022. "Time-Consistent Agents, Time-Inconsistent Firms: Investment in Heterogeneous-Agent Economies," Working Papers 2022-022, Federal Reserve Bank of St. Louis, revised 04 Oct 2026.
    2. Vereshchagina, Galina, 2019. "The role of individual financial contributions in the formation of entrepreneurial teams," European Economic Review, Elsevier, vol. 113(C), pages 173-193.
    3. Lipnowski, Elliot & Ramos, João, 2020. "Repeated delegation," Journal of Economic Theory, Elsevier, vol. 188(C).

  23. Emilio Espino & Julian Kozlowski & Juan M. Sánchez, 2013. "Too big to cheat: Efficiency and Investment in Partnerships," Working Papers 2013-001, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Emilio Espino & Julian Kozlowski & Juan M. Sánchez, 2016. "Stylized Facts on the Organization of Small Business Partnerships," Review, Federal Reserve Bank of St. Louis, vol. 98(4), pages 297-310.
    2. Nicholas Economides, 2015. "Bundling and Tying," Working Papers 15-01, New York University, Leonard N. Stern School of Business, Department of Economics.
    3. Mikhail Golosov & Aleh Tsyvinski & Nicolas Werquin, 2016. "Recursive Contracts and Endogenously Incomplete Markets," NBER Working Papers 22012, National Bureau of Economic Research, Inc.
    4. Yunmin Chen & YiLi Chien & Michael T. Owyang, 2015. "Individual and Aggregate Constrained Efficient Intertemporal Wedges in Dynamic Mirrleesian Economies," Working Papers 2015-43, Federal Reserve Bank of St. Louis.

  24. Michele Boldrin & Carlos Garriga & Adrian Peralta-Alva & Juan M. Sánchez, 2012. "Reconstructing the great recession," Working Papers 2013-006, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Vadim Elenev & Tim Landvoigt & Stijn Van Nieuwerburgh, 2015. "Phasing Out the GSEs," NBER Working Papers 21626, National Bureau of Economic Research, Inc.
    2. Jeffrey P. Cohen & Cletus C. Coughlin & David A. Lopez, 2012. "The boom and bust of U.S. housing prices from various geographic perspectives," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 341-368.
    3. Daniel I. García, 2018. "Employment in the Great Recession : How Important Were Household Credit Supply Shocks?," Finance and Economics Discussion Series 2018-074, Board of Governors of the Federal Reserve System (U.S.).
    4. Kevin L. Kliesen, 2014. "A guide to tracking the U.S. economy," Review, Federal Reserve Bank of St. Louis, vol. 96(1), pages 35-54.
    5. Nguyen,Ha Minh & Rezaei,Shawheen, 2016. "The great recession and job loss spillovers : impact of tradable employment shocks on supporting services," Policy Research Working Paper Series 7543, The World Bank.
    6. Pedro Gete, 2015. "Housing demands, savings gluts and current account dynamics," Globalization Institute Working Papers 221, Federal Reserve Bank of Dallas.
    7. Ms. Nan Li & Mr. Vance Martin, 2018. "Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession," IMF Working Papers 2018/100, International Monetary Fund.
    8. Morris A. Davis & Stijn Van Nieuwerburgh, 2014. "Housing, Finance and the Macroeconomy," NBER Working Papers 20287, National Bureau of Economic Research, Inc.

  25. Kartik B. Athreya & Juan M. Sánchez & Xuan S. Tam & Eric Young, 2012. "Bankruptcy and delinquency in a model of unsecured debt," Working Papers 2012-042, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Paulo Rogério Faustino Matos, 2019. "The role of household debt and delinquency decisions in consumption-based asset pricing," Annals of Finance, Springer, vol. 15(2), pages 179-203, June.
    2. Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers Archive 12848, Iowa State University, Department of Economics.
    3. Leung, Charles Ka Yui & Ng, Joe Cho Yiu, 2018. "Macro Aspects of Housing," MPRA Paper 93512, University Library of Munich, Germany.
    4. Gajendran Raveendranathan, 2018. "Improved Matching, Directed Search, and Bargaining in the Credit Card Market," 2018 Meeting Papers 112, Society for Economic Dynamics.
    5. Legal, Diego & Young, Eric R., 2024. "The effect of minimum wages on consumer bankruptcy," Journal of Economics and Business, Elsevier, vol. 129(C).
    6. Hong, Jengei & Ahn, Seryoong, 2022. "Penalty interest rates, LTV constraints, and screening laxity in mortgage markets," Journal of Banking & Finance, Elsevier, vol. 138(C).
    7. Viktar Fedaseyeu & Robert M. Hunt, 2014. "The economics of debt collection: enforcement of consumer credit contracts," Working Papers 14-7, Federal Reserve Bank of Philadelphia.
    8. Kartik B. Athreya & Juan M. Sánchez & Xuan S. Tam & Eric Young, 2014. "Labor market upheaval, default regulations, and consumer debt," Working Papers 2014-2, Federal Reserve Bank of St. Louis.
    9. Danisewicz, Piotr & Elard, Ilaf, 2023. "The real effects of financial technology: Marketplace lending and personal bankruptcy," Journal of Banking & Finance, Elsevier, vol. 155(C).
    10. Alexandros P. Bechlioulis & Sophocles N. Brissimis, 2021. "Are household consumption decisions affected by past due unsecured debt? Theory and evidence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 3040-3053, April.
    11. Zachary Bethune & Joaquín Saldain & Eric R. Young, 2024. "Consumer Credit Regulation and Lender Market Power," Staff Working Papers 24-36, Bank of Canada.
    12. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    13. Jiseob Kim, 2020. "How Unsecured Credit Policies Influence Mortgage and Unsecured Loan Defaults," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(5), pages 1271-1304, August.
    14. Lara Loewenstein & Paul S. Willen & Yuxi Yao & David Hao Zhang, 2025. "Is There a Puzzle in Underwater Mortgage Default?," Working Papers 25-22, Federal Reserve Bank of Cleveland.
    15. Kristina Czura & Anett John & Lisa Spantig, 2026. "Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 893-913, August.
    16. Kim, Jiseob & Lim, Taejun, 2021. "Cost-effective mortgage modification program to reduce mortgage defaults," Economic Modelling, Elsevier, vol. 96(C), pages 220-241.
    17. Grey Gordon, 2014. "Optimal Bankruptcy Code: A Fresh Start for Some," CAEPR Working Papers 2014-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    18. Kim, Hyeongjun & Cho, Hoon & Ryu, Doojin, 2018. "An empirical study on credit card loan delinquency," Economic Systems, Elsevier, vol. 42(3), pages 437-449.
    19. Natalia Kovrijnykh & Igor Livshits, 2013. "Screening as a Unified Theory of Delinquency, Renegotiation, and Bankruptcy," Carlo Alberto Notebooks 340, Collegio Carlo Alberto.
    20. Geng Tian, 2022. "Influence of Digital Finance on Household Leverage Ratio from the Perspective of Consumption Effect and Income Effect," Sustainability, MDPI, vol. 14(23), pages 1-11, December.
    21. Yunchao Cai & Selamah Abdullah Yusof & Ruzita Bt Mohd Amin & Mohd Nahar Mohd Arshad, 2021. "The Multi-dimensional Effect of Household Debt on Urban Individual Well-Being in Klang Valley Malaysia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(1), pages 23-44, November.
    22. Viktar Fedaseyeu, 2013. "Debt collection agencies and the supply of consumer credit," Working Papers 13-38, Federal Reserve Bank of Philadelphia.
    23. Lukasz A. Drozd & Ricardo Serrano-Padial, 2017. "Modeling the Revolving Revolution: The Debt Collection Channel," American Economic Review, American Economic Association, vol. 107(3), pages 897-930, March.
    24. Bechlioulis, Alexandros P. & Brissimis, Sophocles N., 2019. "Consumer debt non-payment and the borrowing constraint: Implications for consumer behavior," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 161-172.
    25. Xuan Tam & Eric Young & Kartik Athreya, 2013. "A Quantitative Theory of Credit Scoring," 2013 Meeting Papers 382, Society for Economic Dynamics.
    26. Bechlioulis, Alexandros & Brissimis, Sophocles, 2014. "Consumer default and optimal consumption decisions," MPRA Paper 56864, University Library of Munich, Germany.
    27. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2012. "Debt default and the insurance of labor income risks," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 98(4Q), pages 255-307.
    28. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2014. "Loan Guarantees for Consumer Credit Markets," Economic Quarterly, Federal Reserve Bank of Richmond, issue 4Q, pages 297-352.
    29. Lukasz A. Drozd & Ricardo Serrano-Padial, 2013. "Modeling the credit card revolution: the role of debt collection and informal bankruptcy," Working Papers 13-12, Federal Reserve Bank of Philadelphia.
    30. Don Schlagenhauf & Bryan Noeth & Carlos Garriga, 2015. "Aggregate and Distributional Dynamics of Consumer Credit in the U. S," 2015 Meeting Papers 1095, Society for Economic Dynamics.

  26. Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Papers 2011-019, Federal Reserve Bank of St. Louis.
    • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Paper 11-05, Federal Reserve Bank of Richmond.
    • Mr. Leonardo Martinez & Juan Carlos Hatchondo & Mr. Juan M. Sanchez, 2012. "Mortgage Defaults," IMF Working Papers 2012/026, International Monetary Fund.
    • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sanchez, 2015. "Mortgage Defaults," CAEPR Working Papers 2015-011, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.

    Cited by:

    1. Hanming Fang & You Suk Kim & Wenli Li, 2016. "The dynamics of subprime adjustable-rate mortgage default: a structural estimation," Working Papers 16-2, Federal Reserve Bank of Philadelphia.
    2. Juan C. Hatchondo & Leonardo Martinez & César Sosa-Padilla, 2020. "Sovereign Debt Standstills," NBER Working Papers 28292, National Bureau of Economic Research, Inc.
    3. Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2013. "Life cycle patterns and boom-bust dynamics in U.S. housing prices," Economic Synopses, Federal Reserve Bank of St. Louis.
    4. Kartik B. Athreya & Juan M. Sánchez & Xuan S. Tam & Eric Young, 2012. "Bankruptcy and delinquency in a model of unsecured debt," Working Papers 2012-042, Federal Reserve Bank of St. Louis.
    5. Kyle Herkenhoff & Lee Ohanian, 2019. "The Impact of Foreclosure Delay on U.S. Employment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 63-83, January.
    6. Qin, Xueming & Peng, Gangdong & Zhao, Mengxiang, 2025. "Effects of inflation and macroprudential policies on bank risk: Evidence from emerging economies," International Review of Financial Analysis, Elsevier, vol. 97(C).
    7. Leonardo Martinez & Juan Hatchondo, 2017. "Credit Risk without Commitment," 2017 Meeting Papers 1326, Society for Economic Dynamics.
    8. Kyle F. Herkenhoff, 2012. "Informal unemployment insurance and labor market dynamics," Working Papers 2012-057, Federal Reserve Bank of St. Louis.
    9. Hanming Fang & You Suk Kim & Wenli Li, 2015. "The Dynamics of Adjustable-Rate Subprime Mortgage Default: A Structural Estimation," NBER Working Papers 21810, National Bureau of Economic Research, Inc.
    10. Eva De Francisco, 2019. "Housing Choices and Their Implications for Consumption Heterogeneity," International Finance Discussion Papers 1249, Board of Governors of the Federal Reserve System (U.S.).
    11. Kristopher Gerardi & Kyle F. Herkenhoff & Lee E. Ohanian & Paul S. Willen, 2013. "Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default," FRB Atlanta Working Paper 2013-04, Federal Reserve Bank of Atlanta.
    12. Gete, Pedro & Zecchetto, Franco, 2017. "Distributional Implications of Government Guarantees in Mortgage Markets," MPRA Paper 80643, University Library of Munich, Germany.
    13. Rhee, Keeyoung, 2018. "The Effects of Non-Recourse Mortgages on Default Risks and Households' Surplus," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 40(3), pages 69-89.
    14. Hedlund, Aaron, 2016. "Illiquidity and its discontents: Trading delays and foreclosures in the housing market," Journal of Monetary Economics, Elsevier, vol. 83(C), pages 1-13.
    15. Kyle F. Herkenhoff & Lee E. Ohanian, 2012. "Foreclosure delay and U.S. unemployment," Working Papers 2012-017, Federal Reserve Bank of St. Louis.
    16. Morris A. Davis & Stijn Van Nieuwerburgh, 2014. "Housing, Finance and the Macroeconomy," NBER Working Papers 20287, National Bureau of Economic Research, Inc.
    17. Dean Corbae & Erwan Quintin, 2013. "Leverage and the Foreclosure Crisis," NBER Working Papers 19323, National Bureau of Economic Research, Inc.

  27. Juan M. Sánchez, 2010. "The IT revolution and the unsecured credit market," Working Papers 2010-022, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Leonardo Martinez & Francisco Roch & Juan Hatchondo, 2015. "Fiscal rules and the sovereign default premium," 2015 Meeting Papers 1262, Society for Economic Dynamics.
    2. Borghan Nezami Narajabad, 2012. "Information Technology and the Rise of Household Bankruptcy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(4), pages 526-550, October.
    3. Igor Livshits, 2015. "Recent Developments In Consumer Credit And Default Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 594-613, September.
    4. Igor Livshits & James MacGee & Michèle Tertilt, 2011. "Costly Contracts and Consumer Credit," NBER Working Papers 17448, National Bureau of Economic Research, Inc.
    5. Athreya, Kartik B., 2014. "Big Ideas in Macroeconomics: A Nontechnical View," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262019736, December.
    6. Hulya Eraslan & Gizem Koşar & Wenli Li & Pierre-Daniel G. Sarte, 2016. "An anatomy of U.S. personal bankruptcy under Chapter 13," Staff Reports 764, Federal Reserve Bank of New York.
    7. Daphne Chen & Jake Zhao, 2016. "The Impact of Personal Bankruptcy on Labor Supply Decisions," Department of Economics Working Papers 16-01, Stony Brook University, Department of Economics.
    8. Leonardo Martinez & Cesar Sosa Padilla & Juan Hatchondo, 2012. "Debt dilution and sovereign default risk," 2012 Meeting Papers 974, Society for Economic Dynamics.
    9. Leonardo Martinez & Juan Hatchondo & Javier Bianchi, 2012. "Sovereign defaults and optimal reserves management," 2012 Meeting Papers 1125, Society for Economic Dynamics.
    10. Song Han & Benjamin J. Keys & Geng Li, 2015. "Information, Contract Design, and Unsecured Credit Supply: Evidence from Credit Card Mailings," Finance and Economics Discussion Series 2015-103, Board of Governors of the Federal Reserve System (U.S.).
    11. Lukasz A. Drozd & Ricardo Serrano-Padial, 2013. "Modeling the credit card revolution: the role of debt collection and informal bankruptcy," Working Papers 13-12, Federal Reserve Bank of Philadelphia.

  28. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Quantifying the Impact of Financial Development on Economic Development," Economie d'Avant Garde Research Reports 17, Economie d'Avant Garde.

    Cited by:

    1. Rui Castro & Pavel Sevcik, 2016. "Occupational Choice, Human Capital, and Financial Constraints," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20162, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    2. Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers Archive 12848, Iowa State University, Department of Economics.
    3. Alam, M. Jahangir, 2020. "Capital misallocation: Cyclicality and sources," Journal of Economic Dynamics and Control, Elsevier, vol. 112(C).
    4. Barbiero, Francesca & Popov, Alexander & Wolski, Marcin, 2020. "Debt overhang, global growth opportunities, and investment," Journal of Banking & Finance, Elsevier, vol. 120(C).
    5. Jonathan Chiu & Cesaire Meh & Randall Wright, 2011. "Innovation and Growth with Financial, and other, Frictions," NBER Working Papers 17512, National Bureau of Economic Research, Inc.
    6. Serigne Bassirou Lo & Lassana Cissokho, 2023. "Financial development, institutions and industrialization in sub‐Saharan Africa," African Development Review, African Development Bank, vol. 35(2), pages 152-164, June.
    7. Yanfang Wang & Bin Zhang & Haifeng Hu, 2026. "How does FinTech development impact technological progress? A theoretical framework and empirical evidence," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 12(1), pages 1-46, December.
    8. Andres Rodriguez-Pose & Roberto Ganau & Kristina Maslauskaite & Monica Brezzi, 2020. "Credit Constraints, Labor Productivity and the Role of Regional Institutions: Evidence from Manufacturing Firms in Europe," Papers in Evolutionary Economic Geography (PEEG) 2053, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2020.
    9. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis.
    10. Meniago, Christelle & Asongu, Simplice A., 2018. "Revisiting the finance-inequality nexus in a panel of African countries," Research in International Business and Finance, Elsevier, vol. 46(C), pages 399-419.
    11. Diego Restuccia & Richard Rogerson, 2017. "The Causes and Costs of Misallocation," Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 151-174, Summer.
    12. Philippon, Thomas, 2014. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," CEPR Discussion Papers 9792, Centre for Economic Policy Research.
    13. Ashantha Ranasinghe, 2012. "Property Rights, Extortion and the Misallocation of Talent," 2012 Meeting Papers 293, Society for Economic Dynamics.
    14. Harold L Cole & Jeremy Greenwood & Juan M Sanchez, 2014. "Why Doesn't Technology Flow from Rich to Poor Countries?," Economie d'Avant Garde Research Reports 25, Economie d'Avant Garde.
    15. Aguima Aime Bernard Lompo, 2024. "How Does Financial Sector Development Improve Tax Revenue Mobilization for Developing Countries?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 66(1), pages 91-125, March.
    16. Cândida Ferreira, 2020. "Financial development and macroeconomic performance: a cointegration approach," Working Papers REM 2020/0155, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    17. Piyusha Mutreja & B. Ravikumar & Michael Sposi, 2014. "Capital goods trade and economic development," Globalization Institute Working Papers 183, Federal Reserve Bank of Dallas.
    18. Lopez-Martin, Bernabe & Perez-Reyna, David, 2021. "Contracts, firm dynamics, and aggregate productivity," Journal of Economic Dynamics and Control, Elsevier, vol. 130(C).
    19. Cornelia Kerl & Friederike Niepmann, 2016. "What Determines the Composition of International Bank Flows?," International Finance Discussion Papers 1170, Board of Governors of the Federal Reserve System (U.S.).
    20. Emilio Espino & Juan M. Sánchez, 2010. "Risk sharing, investment, and incentives in the neoclassical growth model," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(4Q), pages 399-416.
    21. Rodolfo Cermeño & María Roa García & Claudio González-Vega, 2012. "Financial Development and Volatility of Growth: Time Series Evidence for Mexico and USA," DEGIT Conference Papers c017_035, DEGIT, Dynamics, Economic Growth, and International Trade.
    22. Galina Vereshchagina, 2014. "Serial Entrepreneurship and the Impact of Credit Constraints of Economic Development," 2014 Meeting Papers 1173, Society for Economic Dynamics.
    23. Galina Vereshchagina, 2023. "Financial constraints and economic development: the role of firm productivity investment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 322-342, December.
    24. Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2022. "Quantifying Reduced-Form Evidence on Collateral Constraints," Post-Print hal-03869851, HAL.
    25. Yilmaz Bayar & Marius Dan Gavriletea & Zeki Ucar, 2018. "Financial Sector Development, Openness, and Entrepreneurship: Panel Regression Analysis," Sustainability, MDPI, vol. 10(10), pages 1-11, September.
    26. Duc H. Vo & Nhan T. Nguyen, 2021. "Does financial inclusion improve bank performance in the Asian region?," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 35(2), pages 123-135, November.
    27. Luo, Haotian, 2025. "Does smart city construction exacerbate capital misallocation? Spatial spillovers, digital transformation, and robotics application," Structural Change and Economic Dynamics, Elsevier, vol. 73(C), pages 328-344.
    28. Alexius, Annika & Spång, Daniel, 2015. "Stocks and GDP in the long run," Research Papers in Economics 2015:5, Stockholm University, Department of Economics.
    29. Piyusha Mutreja & Michael Sposi & B. Ravikumar, 2018. "Capital Goods Trade, Relative Prices and Economic Development," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 27, pages 101-122, January.
    30. Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Mirela PANAIT, 2017. "Evolution Of Agricultural Activity In The European Union," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(6), pages 63-74, June.
    31. Grechyna, Daryna, 2017. "Firm Size, Bank Size, and Financial Development," MPRA Paper 83196, University Library of Munich, Germany.
    32. Cândida Ferreira, 2013. "Bank performance and economic growth: evidence from Granger panel causality estimations," Working Papers Department of Economics 2013/21, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    33. Ashantha Ranasinghe & Diego Restuccia, 2018. "Financial Frictions and the Rule of Law," NBER Working Papers 24546, National Bureau of Economic Research, Inc.
    34. Annika Alexius & Daniel Spang, 2018. "Stock prices and GDP in the long run," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 8(4), pages 1-7.
    35. Claessens, Stijn & Ueda, Kenichi & Yafeh, Yishay, 2014. "Institutions and financial frictions: Estimating with structural restrictions on firm value and investment," Journal of Development Economics, Elsevier, vol. 110(C), pages 107-122.
    36. Mutreja, Piyusha, 2016. "Composition of Capital and Gains from Trade in Equipment," MPRA Paper 74908, University Library of Munich, Germany.
    37. Rodolfo Cermeño Bazán & María Roa García & Claudio González Vega, 2012. "Financial Development and Growth Volatility: Time Series Evidence for Mexico and The United States," Working Papers DTE 544, CIDE, División de Economía.
    38. Mingting, Kou & Shihui, Chen & Yifan, Yang, 2026. "The innovation effects of science and technology finance spatial networks: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 89(C), pages 556-577.
    39. Wu, Guiying Laura, 2018. "Capital misallocation in China: Financial frictions or policy distortions?," Journal of Development Economics, Elsevier, vol. 130(C), pages 203-223.
    40. Adriana Cobas & Alexandros Maziotis & Andres Villegas, 2024. "Measurement of efficiency and its drivers in the Chilean banking industry," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-26, May.
    41. Hill, Enoch & Perez-Reyna, David, 2017. "Financial development and occupational choice," Journal of Macroeconomics, Elsevier, vol. 54(PB), pages 393-409.
    42. Guangdong Xu, 2022. "From financial structure to economic growth: Theory, evidence and challenges," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 51(1), February.
    43. Zhao, Jun & Dong, Kangyin & Dong, Xiucheng & Shahbaz, Muhammad & Kyriakou, Ioannis, 2022. "Is green growth affected by financial risks? New global evidence from asymmetric and heterogeneous analysis," Energy Economics, Elsevier, vol. 113(C).
    44. Hu, Yiming & Xu, Mingxia, 2021. "Xi's anti-corruption campaign and the speed of capital structure adjustment," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    45. Mohammad Imdadul Haque, 2020. "The Growth of Private Sector and Financial Development in Saudi Arabia," Economies, MDPI, vol. 8(2), pages 1-17, May.
    46. Khan, Muhammad Atif & Gu, Lulu & Khan, Muhammad Asif & Bhatti, Muhammad Ishaq, 2022. "Institutional perspective of financial sector development: A multidimensional assessment," Economic Systems, Elsevier, vol. 46(4).
    47. Chang-Tai Hsieh & Enrico Moretti, 2019. "Housing Constraints and Spatial Misallocation," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(2), pages 1-39, April.
    48. Bernardo Morais, 2011. "Should I Stay or Should I Go: Investor Protection, Firm Selection and Aggregate Productivity," 2011 Meeting Papers 878, Society for Economic Dynamics.
    49. Simon Gilchrist & Jae W. Sim & Egon Zakrajsek, 2013. "Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 159-176, January.
    50. Carlos Carvalho & Nilda Pasca & Laura Souza & Eduardo Zilberman, 2019. "Macroeconomic Effects of Credit Deepening in Latin America," Working Papers Central Bank of Chile 828, Central Bank of Chile.
    51. Donaldson, Jason Roderick & Micheler, Eva, 2018. "Resaleable debt and systemic risk," Journal of Financial Economics, Elsevier, vol. 127(3), pages 485-504.
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    7. Francesco Pappadà & Yanos Zylberberg, 2025. "The Dynamics of Informality and Fiscal Policy under Sovereign Risk," Bristol Economics Discussion Papers 25/795, School of Economics, University of Bristol, UK.
    8. Scholl, Almuth, 2017. "The dynamics of sovereign default risk and political turnover," Journal of International Economics, Elsevier, vol. 108(C), pages 37-53.
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    77. Sofia Bauducco & Francesco Caprioli, 2011. "Optimal Fiscal Policy in a Small Open Economy with Limited Commitment," Working Papers Central Bank of Chile 644, Central Bank of Chile.
    78. Gabriel Caldas Montes & Helder Ferreira de Mendonça & Matheus Rosa Ribeiro, 2026. "Fiscal Opacity and Lack of Consensus in Expectations for External Sector Variables," International Finance, Wiley Blackwell, vol. 29(1), pages 110-134, April.
    79. Tran-Xuan, Monica, 2023. "Optimal redistributive policy in debt constrained economies," Journal of International Economics, Elsevier, vol. 144(C).
    80. Mitra, Nirvana, 2020. "Political Constraints and Sovereign Default Premia," MPRA Paper 104172, University Library of Munich, Germany.
    81. Hongsheng Fang & Wen‐Quan Hu & Ruhua Shi & Xufei Zhang, 2023. "The Chinese‐style macroeconomic control: The role of state‐owned enterprises," The World Economy, Wiley Blackwell, vol. 46(3), pages 702-725, March.
    82. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.
    83. Tavares, Tiago, 2015. "Labor Market Distortions under Sovereign Default Crises," MPRA Paper 66964, University Library of Munich, Germany.
    84. Froemel, Maren & Paczos, Wojtek, 2024. "Imperfect financial markets and the cyclicality of social spending," European Economic Review, Elsevier, vol. 167(C).
    85. Kaas, Leo & Mellert, Jan & Scholl, Almuth, 2020. "Sovereign and private default risks over the business cycle," Journal of International Economics, Elsevier, vol. 123(C).
    86. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    87. Leonardo Martinez & Juan Hatchondo & Javier Bianchi, 2012. "Sovereign defaults and optimal reserves management," 2012 Meeting Papers 1125, Society for Economic Dynamics.
    88. Pablo Ottonello & Ignacio Presno & Javier Bianchi, 2017. "Fiscal Policy, Sovereign Risk, and Unemployment," 2017 Meeting Papers 1382, Society for Economic Dynamics.
    89. Song, Ilhwan & Mihalache, Gabriel, 2026. "Insufficient or excessive investment under sovereign default risk," Journal of International Economics, Elsevier, vol. 160(C).
    90. Filippo Brutti & Philip U. Sauré, 2014. "Repatriation of Debt in the Euro Crisis: Evidence for the Secondary Market Theory," Working Papers 2014-03, Swiss National Bank.
    91. Juan Hatchondo & Francisco Roch & Leonardo Martinez, 2019. "Constrained efficient borrowing with sovereign default risk," 2019 Meeting Papers 899, Society for Economic Dynamics.
    92. Vivian Z. Yue & Enrique G. Mendoza, 2009. "A Solution to the Default Risk-Business Cycle Disconnect," 2009 Meeting Papers 76, Society for Economic Dynamics.
    93. Méndez-Vizcaíno, Juan Camilo & Moreno-Arias, Nicolás, 2023. "Constraints or Opportunities?: Labor Informality and Public Investment in Shaping Debt Limits," IDB Publications (Working Papers) 13049, Inter-American Development Bank.
    94. Marina Azzimonti & Vincenzo Quadrini, 2019. "International Spillovers and Bailouts," Department of Economics Working Papers 19-06, Stony Brook University, Department of Economics.
    95. Johnny Cotoc & Alok Johri & César Sosa‐Padilla, 2025. "Sovereign Spreads and the Political Leaning of Nations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(2), pages 687-709, May.
    96. Cusato Novelli, Antonio & Barcia, Giancarlo, 2021. "Sovereign Risk, Public Investment and the Fiscal Policy Stance," Journal of Macroeconomics, Elsevier, vol. 67(C).
    97. Cuadra Gabriel & Ramos Francia Manuel, 2014. "Stimulus vs. Austerity vs. Default," Working Papers 2014-10, Banco de México.
    98. Marina Azzimonti & Vincenzo Quadrini, 2019. "International spillovers and `ex-ante' efficient bailouts," 2019 Meeting Papers 318, Society for Economic Dynamics.
    99. Garay, Urbi & González, Maximiliano & Rosso, John, 2019. "Country and industry effects in corporate bond spreads in emerging markets," Journal of Business Research, Elsevier, vol. 102(C), pages 191-200.
    100. Demian Pouzo & Ignacio Presno, 2015. "Optimal Taxation with Endogenous Default under Incomplete Markets," Papers 1508.03924, arXiv.org, revised May 2016.
    101. Minjie Deng, 2021. "Inequality, Taxation, and Sovereign Default Risk," Discussion Papers dp21-15, Department of Economics, Simon Fraser University.
    102. Almuth Scholl & Liang Tong, 2020. "Sovereign Default, Taxation, and the Underground Economy," Working Paper Series of the Department of Economics, University of Konstanz 2020-02, Department of Economics, University of Konstanz.
    103. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2020. "Domestic Policies and Sovereign Default," Working Papers 2020-017, Federal Reserve Bank of St. Louis, revised 06 Sep 2023.
    104. Pablo D'Erasmo & Enrique G. Mendoza, 2018. "History Remembered: Optimal Sovereign Default on Domestic and External Debt," NBER Working Papers 25073, National Bureau of Economic Research, Inc.
    105. Ilzetzki, Ethan, 2011. "Rent-seeking distortions and fiscal procyclicality," Journal of Development Economics, Elsevier, vol. 96(1), pages 30-46, September.
    106. Joost Rцttger, 2014. "Monetary and Fiscal Policy with Sovereign Default," Working Paper Series in Economics 74, University of Cologne, Department of Economics.
    107. Nikolai Stähler, 2013. "Recent Developments In Quantitative Models Of Sovereign Default," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 605-633, September.
    108. Tianbao Zhou & Zhixin Liu & Yingying Xu, 2025. "Characterizing public debt cycles: the non-negligible impact of financial cycles," Empirical Economics, Springer, vol. 68(4), pages 1529-1566, April.
    109. Frömel, Maren, 2013. "Imperfect Financial Markets, External Debt, and the Cyclicality of Social Transfers," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79820, Verein für Socialpolitik / German Economic Association.
    110. Michal Szkup, 2022. "Preventing Self-Fulfilling Debt Crises: A Global Games Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 22-55, January.
    111. Durán Leyre Gómez-Oliveros & Niemann Stefan & Pichler Paul, 2020. "Fiscal policy and the output costs of sovereign default," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-11, January.
    112. Maren Froemel, 2014. "Imperfect Financial Markets and the Cyclicality of Social Spending," Working Paper Series of the Department of Economics, University of Konstanz 2014-11, Department of Economics, University of Konstanz.
    113. Sosa-Padilla, César, 2018. "Sovereign defaults and banking crises," Journal of Monetary Economics, Elsevier, vol. 99(C), pages 88-105.
    114. Siming Liu, 2018. "Government Spending during Sudden Stop Crises," CAEPR Working Papers 2018-002, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    115. Siming Liu, 2018. "Spending Multiplier during Sudden Stop Crises," 2018 Meeting Papers 226, Society for Economic Dynamics.
    116. Sottile, Pedro, 2013. "On the political determinants of sovereign risk: Evidence from a Markov-switching vector autoregressive model for Argentina," Emerging Markets Review, Elsevier, vol. 15(C), pages 160-185.
    117. Roettger, Joost, 2019. "Discretionary monetary and fiscal policy with endogenous sovereign risk," Journal of Economic Dynamics and Control, Elsevier, vol. 105(C), pages 44-66.
    118. Carrasco, Carlos A., 2013. "El Nuevo Consenso Macroeconómico y la mediocridad del crecimiento económico en México [New Consensus Macroeconomics and the mediocrity of economic growth in Mexico]," MPRA Paper 53391, University Library of Munich, Germany.
    119. Coulombe, Raphaelle G. & Horvath, Jaroslav, 2026. "Government spending dynamics in small open economies," Journal of International Money and Finance, Elsevier, vol. 161(C).
    120. Arroyo Marioli,Francisco & Vegh,Carlos A., 2023. "Fiscal Procyclicality in Commodity Exporting Countries : How Much Does It Pour andWhy ?," Policy Research Working Paper Series 10428, The World Bank.
    121. James B. Bullard, 2012. "Death of a theory," Review, Federal Reserve Bank of St. Louis, vol. 94(Mar), pages 83-102.
    122. Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2018. "Sovereign default and maturity choice," Journal of Monetary Economics, Elsevier, vol. 95(C), pages 72-85.
    123. Alok Johri & Johnny Cotoc, 2021. "The Bribe Rate and Long Run Differences in Sovereign Borrowing Costs," Department of Economics Working Papers 2021-02, McMaster University.
    124. John Beirne & Nuobu Renzhi & Ulrich Volz, 2021. "Bracing for the Typhoon: Climate Change and Sovereign Risk in Southeast Asia," ADBI Working Papers 1223, Asian Development Bank Institute.
    125. Tang, Dapeng & Yang, Yiming & Zheng, Hao & Gebrehans, Mebrahtu Tesfagebreal, 2024. "Does reform policy of municipal bonds raise firm risk? A quasi-natural experiment from China," Pacific-Basin Finance Journal, Elsevier, vol. 86(C).
    126. Wilfredo L. Maldonado & Jorge Guillén & Jussara Ribeiro, 2021. "An international reserves variation threshold to increase loan funding," International Economics and Economic Policy, Springer, vol. 18(2), pages 247-265, May.
    127. Bernardo Guimaraes & Lucas Tumkus, 2020. "On the costs of sovereign default in quantitative models," Discussion Papers 2021, Centre for Macroeconomics (CFM).
    128. Andrés Fernández & Daniel Guzmán & Ruy E. Lama & Carlos A. Vegh, 2021. "Procyclical fiscal policy and asset market incompleteness," Working Papers Central Bank of Chile 925, Central Bank of Chile.
    129. Cristina Arellano & Yan Bai & Gabriel Mihalache, 2018. "Inflation Targeting with Sovereign Default Risk," Department of Economics Working Papers 18-14, Stony Brook University, Department of Economics.
    130. Julien Acalin & Leonardo Martinez & Francisco Roch, 2025. "Fiscal Rules, Robust Correction Mechanisms, and Sovereign Spreads," Department of Economics Working Papers 2025_11, Universidad Torcuato Di Tella.
    131. Mai Chi Vu & Nicholas Burton, 2024. "Beyond the Inclusion–Exclusion Binary: Right Mindfulness and Its Implications for Perceived Inclusion and Exclusion in the Workplace," Journal of Business Ethics, Springer, vol. 191(1), pages 147-165, April.
    132. Mai Chi Vu & Nicholas Burton, 2022. "Bring Your Non-self to Work? The Interaction Between Self-decentralization and Moral Reasoning," Journal of Business Ethics, Springer, vol. 181(2), pages 427-449, November.
    133. Farzana Alamgir & Alok Johri, 2022. "International Sovereign Spread Differences and the Poverty of Nations," Department of Economics Working Papers 2022-06, McMaster University.

  30. Juan M. Sánchez, 2009. "The role of information in the rise in consumer bankruptcies," Working Paper 09-04, Federal Reserve Bank of Richmond.

    Cited by:

    1. Xavier Giné & Jessica Goldberg & Dean Yang, 2011. "Credit Market Consequences of Improved Personal Identification: Field Experimental Evidence from Malawi," NBER Working Papers 17449, National Bureau of Economic Research, Inc.
    2. Gine, Xavier & Goldberg, Jessica & Yang, Dean, 2010. "Identification strategy : a field experiment on dynamic incentives in rural credit markets," Policy Research Working Paper Series 5438, The World Bank.
    3. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2011. "Loan guarantees for consumer credit markets," Working Paper 11-06, Federal Reserve Bank of Richmond.
    4. N. Narajabad, Borghan, 2010. "Information Technology and the Rise of Household Bankruptcy," MPRA Paper 21058, University Library of Munich, Germany.

  31. Fernando Alvarez-Parra & Juan M. Sánchez, 2009. "Unemployment insurance with a hidden labor market," Working Paper 09-09, Federal Reserve Bank of Richmond.

    Cited by:

    1. Espino, Emilio & Sánchez, Juan M., 2013. "Unemployment Insurance in High Informality Countries," IDB Publications (Working Papers) 4550, Inter-American Development Bank.
    2. Wang, Cheng & Williamson, Steve, 1996. "Unemployment Insurance with Moral Hazard in a Dynamic Economy," Staff General Research Papers Archive 5088, Iowa State University, Department of Economics.
    3. Romain Duval & Prakash Loungani, 2021. "Designing Labor Market Institutions in Emerging Market and Developing Economies: A Review of Evidence and IMF Policy Advice," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(1), pages 31-83, March.
    4. Ho Christine, 2019. "Optimal Disability Insurance with Informal Child Care," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(2), pages 1-42, April.
    5. Vargas Juliana Mesén & Linden Bruno Van der, 2019. "Why Cash Transfer Programs Can Both Stimulate and Slow Down Job Finding," IZA Journal of Labor Economics, Paradigm & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 8(1), pages 1-27, June.
    6. Bosch, Mariano & Esteban-Pretel, Julen, 2015. "The labor market effects of introducing unemployment benefits in an economy with high informality," European Economic Review, Elsevier, vol. 75(C), pages 1-17.
    7. Carlos Medina & Jairo N��ez & Jorge Andr�s Tamayo, 2013. "The Unemployment Subsidy Program in Colombia: An Assessment," Borradores de Economia 10393, Banco de la Republica.
    8. Esteban-Pretel, Julen & Kitao, Sagiri, 2021. "Labor Market Policies in a Dual Economy," Labour Economics, Elsevier, vol. 68(C).
    9. Bardey, David & Jaramillo, Fernando, 2011. "Unemployment insurance and informality in developing countries," TSE Working Papers 11-257, Toulouse School of Economics (TSE), revised Nov 2011.
    10. Xie, Zoe Leiyu & Yu, Pei Cheng, 2025. "Temptation, Self-Control, and the Design of Optimal Unemployment Insurance," Policy Research Working Paper Series 11265, The World Bank.
    11. Pontus Rendahl, 2012. "Asset‐Based Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(3), pages 743-770, August.
    12. Cheng Wang, 1995. "Dynamic Insurance with Private Information and Balanced Budgets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(4), pages 577-595.
    13. David Bardey & Fermando Jaramillo & Ximena Pena, 2013. "Unemployment insurance in the presence of an informal," Documentos de Trabajo 11014, Universidad del Rosario.
    14. David L. Fuller & Marianna Kudlyak & Damba Lkhagvasuren, 2013. "Productivity insurance: the role of unemployment benefits in a multi-sector model," Working Paper 13-11, Federal Reserve Bank of Richmond.
    15. Jeremy Schwartz, 2013. "Unemployment Insurance and the Business Cycle: What Adjustments are Needed?," Southern Economic Journal, John Wiley & Sons, vol. 79(3), pages 680-702, January.
    16. David L. Fuller & B. Ravikumar & Yuzhe Zhang, 2012. "Unemployment insurance fraud and optimal monitoring," Working Papers 2012-024, Federal Reserve Bank of St. Louis.
    17. Jeremy Schwartz, 2012. "Unemployment Insurance and the Business Cycle: What Adjustments are Needed?," EcoMod2012 3674, EcoMod.
    18. Juliana Mesén Vargas & Bruno Van der Linden, 2018. "Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints," CESifo Working Paper Series 7044, CESifo.
    19. Amélie Barbier-Gauchard & Francesco De Palma & Giuseppe Diana, 2013. "Why could Northern labor market flexibility save the eurozone ?," Working Papers of BETA 2013-09, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    20. Fernando Cirelli & Emilio Espino & Juan M. Sánchez, 2018. "Designing Unemployment Insurance for Developing Countries," Working Papers 2018-006, Federal Reserve Bank of St. Louis, revised 10 Sep 2020.
    21. Doligalski, Pawel; Rojas, Luis E., 2016. "Optimal Redistribution with a Shadow Economy," Economics Working Papers ECO2016/11, European University Institute.
    22. Martín Gonzalez Rozada & Lucas Ronconi & Hernan Ruffo, 2011. "Protecting Workers against Unemployment in Latin America and the Caribbean: Evidence from Argentina," Research Department Publications 4759, Inter-American Development Bank, Research Department.
    23. Taskin, Temel, 2011. "Unemployment insurance and home production," MPRA Paper 34878, University Library of Munich, Germany.
    24. David Bardey & Fernando Jaramillo, 2011. "Unemployment insurance/severance payments and informality in developing countries," Economics Working Paper from Condorcet Center for political Economy at CREM-CNRS 2012-06-ccr, Condorcet Center for political Economy.
    25. Finkelstein-Shapiro, Alan & Sarzosa, Miguel, 2012. "Unemployement Protection for Informal Workers in Latin America and the Caribbean," IDB Publications (Working Papers) 4542, Inter-American Development Bank.

  32. Juan M. Sanchez, 2008. "The Role of Information in Consumer Debt and Bankruptcy," 2008 Meeting Papers 523, Society for Economic Dynamics.

    Cited by:

    1. Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers Archive 12848, Iowa State University, Department of Economics.
    2. Bulent Guler, 2015. "Innovations in Information Technology and the Mortgage Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(3), pages 456-483, July.
    3. Kartik B. Athreya & Xuan S. Tam & Eric Young, 2011. "A quantitative theory of information and unsecured credit," Working Paper 08-06, Federal Reserve Bank of Richmond.
    4. Juan Carlos Hatchondo & Leonardo Martinez, 2009. "Long-duration bonds and sovereign defaults," Working Paper 08-02, Federal Reserve Bank of Richmond.
    5. Oh, Joon-Hee & Johnston, Wesley J., 2014. "Credit lender–borrower relationship in the credit card market – Implications for credit risk management strategy and relationship marketing," International Business Review, Elsevier, vol. 23(6), pages 1086-1095.
    6. Juan Carlos Hatchondo & Leonardo Martinez, 2012. "Debt dilution and sovereign default risk," Working Paper 10-08, Federal Reserve Bank of Richmond.
    7. Ricardo Serrano-Padial & Lukasz Drozd, 2011. "Competitive Poaching in Unsecured Lending," 2011 Meeting Papers 1046, Society for Economic Dynamics.
    8. Juan Carlos Hatchondo & Leonardo Martinez & Horacio Sapriza, 2009. "On the cyclicality of the interest rate in emerging economy models: solution methods matter," Working Paper 09-13, Federal Reserve Bank of Richmond.
    9. Larsson, Stefan, 2018. "Algorithmic governance and the need for consumer empowerment in data-driven markets," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 7(2), pages 1-13.

  33. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2007. "Financing Development: The Role of Information Costs," Economie d'Avant Garde Research Reports 14, Economie d'Avant Garde.

    Cited by:

    1. Yanos Zylberberg, 2011. "Capital misallocation and credit constraints: Theory and evidence from natural," PSE Working Papers halshs-00607212, HAL.
    2. Park, Donghyun & Taniguchi, Kiyoshi & Tian, Shu, 2019. "Determinants of foreign and domestic investment bias in global bond markets: Some empirical evidence," The North American Journal of Economics and Finance, Elsevier, vol. 49(C), pages 287-303.
    3. Thomas Philippon & Ariell Reshef, 2013. "An International Look at the Growth of Modern Finance," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 73-96, Spring.
    4. Smith, Anthony Jr. & Wang, Cheng, 2006. "Dynamic credit relationships in general equilibrium," Journal of Monetary Economics, Elsevier, vol. 53(4), pages 847-877, May.
    5. Siwapong Dheera-Aumpon, 2014. "Misallocation and manufacturing TFP in Thailand," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 28(2), pages 63-76, November.
    6. Yi Wen & Pengfei Wang, 2010. "Financial Development and Economic Volatility:A Unified Explanation," 2010 Meeting Papers 66, Society for Economic Dynamics.
    7. Alam, M. Jahangir, 2020. "Capital misallocation: Cyclicality and sources," Journal of Economic Dynamics and Control, Elsevier, vol. 112(C).
    8. Jonathan Chiu & Cesaire Meh & Randall Wright, 2011. "Innovation and Growth with Financial, and other, Frictions," NBER Working Papers 17512, National Bureau of Economic Research, Inc.
    9. Alarudeen Aminu Ph.D & Isiaka Akande Raifu & Bolanle Deborah Oloyede, . "Financial Development and Manufacturing Output Growth Nexus in Nigeria: The Role Of Institutional Quality," Journal of Economic and Sustainable Growth 2, Office Of The Chief Economist, Development Bank of Nigeria.
    10. Jorge Miranda-Pinto & Gang Zhang, 2022. "Trade Credit and Sectoral Comovement during Recessions," Working Papers Central Bank of Chile 961, Central Bank of Chile.
    11. Juan M. Sanchez & Cheng Wang & Jeremy Greenwood, 2011. "Quantifying the Impact of Financial Development on Economic Development," 2011 Meeting Papers 240, Society for Economic Dynamics.
    12. Julian Kozlowski, 2017. "Long-Term Finance and Investment with Frictional Asset Markets," Working Papers 2018-12, Federal Reserve Bank of St. Louis.
    13. António Antunes & Tiago Cavalcanti & Anne Villamil, 2015. "The effects of credit subsidies on development," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(1), pages 1-30, January.
    14. Philippon, Thomas, 2014. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," CEPR Discussion Papers 9792, Centre for Economic Policy Research.
    15. Harold L Cole & Jeremy Greenwood & Juan M Sanchez, 2014. "Why Doesn't Technology Flow from Rich to Poor Countries?," Economie d'Avant Garde Research Reports 25, Economie d'Avant Garde.
    16. Samuel E. Henly & Juan M. Sánchez, 2009. "The U.S. establishment-size distribution: secular changes and sectoral decomposition," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 95(Fall), pages 419-454.
    17. Ductor, Lorenzo & Grechyna, Daryna, 2015. "Financial development, real sector, and economic growth," International Review of Economics & Finance, Elsevier, vol. 37(C), pages 393-405.
    18. Simon Gilchrist & Jae W. Sim & Egon Zakrajšek, 2012. "Misallocation and financial market frictions: some direct evidence from the dispersion in borrowing costs," Finance and Economics Discussion Series 2012-08, Board of Governors of the Federal Reserve System (U.S.).
    19. Cândida Ferreira, 2020. "Financial development and macroeconomic performance: a cointegration approach," Working Papers REM 2020/0155, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    20. Zheng Liu & Pengfei Wang & Zhiwei Xu, 2019. "Interest-Rate Liberalization and Capital Misallocations," Working Paper Series 2017-15, Federal Reserve Bank of San Francisco.
    21. Kaiji Chen & Patrick Higgins & Tao Zha, 2021. "Cyclical Lending Standards: A Structural Analysis," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 283-306, October.
    22. Wang, Zhenyu, 2025. "Place-based policies, financial friction, and city size: Evidence from China’s institutional opening-up," Economic Analysis and Policy, Elsevier, vol. 87(C), pages 1522-1556.
    23. Aali-Bujari, Alí & Venegas-Martínez, Francisco & Pérez-Lechuga, Gilberto, 2014. "Impact of the Stock Market Capitalization and the Banking Spread in Growth and Development in Latin American: A Panel Data Estimation with System GMM," MPRA Paper 56588, University Library of Munich, Germany.
    24. Emilio Espino & Juan M. Sánchez, 2010. "Risk sharing, investment, and incentives in the neoclassical growth model," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(4Q), pages 399-416.
    25. Jae wook Jung & Kyunghun Kim, 2018. "Financial Market Integration and Income Inequality," Working Papers id:12916, eSocialSciences.
    26. Perez-Reyna, David & Rodríguez Barraquer, Tomás & Tovar, Jorge, 2025. "Competition in the Colombian Banking Sector," IDB Publications (Working Papers) 14045, Inter-American Development Bank.
    27. Tiago Cavalcanti & Bruno Martins & Cezar Santos & Joseph Kaboski, 2019. "Dispersion in Financing Costs and Development," 2019 Meeting Papers 1576, Society for Economic Dynamics.
    28. Ekaterina Ponomareva & Alexandra Bozhechkova & Alexandr Knobel, 2012. "Factors of Economic Growth," Published Papers 172, Gaidar Institute for Economic Policy, revised 2013.
    29. Ying Feng & David Lagakos & James E. Rauch, 2018. "Unemployment and Development," NBER Working Papers 25171, National Bureau of Economic Research, Inc.
    30. Restuccia, Diego, 2013. "The Latin American development problem: an interpretation," LSE Research Online Documents on Economics 123164, London School of Economics and Political Science, LSE Library.
    31. Nirupama Kulkarni & Kanika Mahajan & S.K. Ritadhi, 2023. "Banking the Underbanked: Capital Investment and Credit-Constrained Firms," Working Papers 93, Ashoka University, Department of Economics, revised 26 Dec 2024.
    32. Sebastian Andreas Horn & David Mihalyi & Nickol,Philipp & Sosa-Padilla,César, 2024. "Hidden Debt Revelations," Policy Research Working Paper Series 10907, The World Bank.
    33. Connelly, J. Thomas & Limpaphayom, Piman & Nguyen, Hien T. & Tran, Thanh D., 2017. "A tale of two cities: Economic development, corporate governance and firm value in Vietnam," Research in International Business and Finance, Elsevier, vol. 42(C), pages 102-123.
    34. NYU-Stern, 2008. "Why Has the US Financial Sector Grown So Much?," 2008 Meeting Papers 714, Society for Economic Dynamics.
    35. Li, Mou & Wei, Lei, 2024. "The path of digital transformation driving enterprise growth: The moderating role of financing constraints," International Review of Financial Analysis, Elsevier, vol. 96(PA).
    36. Jie Luo & Cheng Wang, 2025. "Banking And Banking Reforms In China In A Model Of Costly State Verification," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(2), pages 849-882, May.
    37. Martin Hodula, 2019. "Monetary Policy and Shadow Banking: Trapped between a Rock and a Hard Place," Working Papers 2019/5, Czech National Bank, Research and Statistics Department.
    38. Grechyna, Daryna, 2017. "Firm Size, Bank Size, and Financial Development," MPRA Paper 83196, University Library of Munich, Germany.
    39. Liu, Guanchun & He, Feng & Zhang, Chengsi & Akbar, Saeed & Li, Youwei, 2024. "Human capital in the financial sector and corporate innovation: Evidence from China," The British Accounting Review, Elsevier, vol. 56(5).
    40. Bellalah, Mondher & Bradford, Marc & Zhang, Detao, 2016. "A general theory of corporate international investment under incomplete information, short sales and taxes," Economic Modelling, Elsevier, vol. 58(C), pages 615-626.
    41. Cândida Ferreira, 2013. "Bank performance and economic growth: evidence from Granger panel causality estimations," Working Papers Department of Economics 2013/21, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    42. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Financing Development: The Role of Information Costs," American Economic Review, American Economic Association, vol. 100(4), pages 1875-1891, September.
    43. Allub, Lian & Erosa, Andrés, 2014. "Financial frictions, occupational choice and economic inequality," UC3M Working papers. Economics we1413, Universidad Carlos III de Madrid. Departamento de Economía.
    44. Reynaldo Senra Hodelin, 2020. "Development banking under weak institutions and imperfect credit markets," Annals of Finance, Springer, vol. 16(3), pages 353-380, September.
    45. Claessens, Stijn & Ueda, Kenichi & Yafeh, Yishay, 2014. "Institutions and financial frictions: Estimating with structural restrictions on firm value and investment," Journal of Development Economics, Elsevier, vol. 110(C), pages 107-122.
    46. Stelios Michalopoulos & Luc Laeven & Ross Levine, 2011. "Financial Innovation and Endogenous Growth," Economics Working Papers 0097, Institute for Advanced Study, School of Social Science.
    47. Pengfei Wang & Yi Wen & Zhiwei Xu, 2013. "Financial development and long-run volatility trends," Working Papers 2013-003, Federal Reserve Bank of St. Louis.
    48. Wu, Guiying Laura, 2018. "Capital misallocation in China: Financial frictions or policy distortions?," Journal of Development Economics, Elsevier, vol. 130(C), pages 203-223.
    49. Liu, Yu-Chen & Li, Yiting, 2024. "Corporate finance, collateralized borrowing, and monetary policy," European Economic Review, Elsevier, vol. 170(C).
    50. Kaymak, Barış & Schott, Immo, 2019. "Loss-offset provisions in the corporate tax code and misallocation of capital," Journal of Monetary Economics, Elsevier, vol. 105(C), pages 1-20.
    51. Adriana Cobas & Alexandros Maziotis & Andres Villegas, 2024. "Measurement of efficiency and its drivers in the Chilean banking industry," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-26, May.
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    53. Brock, Philip L., 2011. "The Penn-Balassa-Samuelson effect through the lens of the dependent economy model," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1547-1556, September.
    54. Timothy Kehoe & Sewon Hur & Kim Ruhl & Jose Asturias, 2015. "The Interaction of Entry Barriers and Financial Frictions in Growth," 2015 Meeting Papers 792, Society for Economic Dynamics.
    55. Hill, Enoch & Perez-Reyna, David, 2017. "Financial development and occupational choice," Journal of Macroeconomics, Elsevier, vol. 54(PB), pages 393-409.
    56. Guangdong Xu, 2022. "From financial structure to economic growth: Theory, evidence and challenges," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 51(1), February.
    57. Tao Zha, 2015. "Lending Efficiency Shocks," 2015 Meeting Papers 835, Society for Economic Dynamics.
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    110. Jeremy Greenwood & Pengfei Han & Juan M. Sánchez, 2022. "Financing Ventures," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(3), pages 1021-1053, August.
    111. Eva Carceles Poveda & Arpad Abraham, 2009. "Tax Reform with Endogenous Borrowing Limits and Incomplete Asset Markets," 2009 Meeting Papers 1196, Society for Economic Dynamics.
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    116. Rahman, Abdul & Khan, Muhammad Arshad & Charfeddine, Lanouar, 2021. "Regime-specific impact of financial reforms on economic growth in Pakistan," Journal of Policy Modeling, Elsevier, vol. 43(1), pages 161-182.
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    119. Huang, Xiaodi & Chen, Xiaoxiong & Liang, Zuming & Wu, Hongjie & Kang, Siyang, 2025. "Fair competition and investment behavior of foreign-invested firms—Evidence from a quasi-natural experiment in China," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 2234-2246.
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  34. Alvarez-Parra, Fernando A. & Sanchez, Juan M., 2006. "Unemployment Insurance in an Economy with a Hidden Labor Market," MPRA Paper 2531, University Library of Munich, Germany.

    Cited by:

    1. Luz Adriana Flórez, 2014. "The Efficiency of the Informal Sector on the Search and Matching Framework," Borradores de Economia 832, Banco de la Republica de Colombia.
    2. José Francisco Bellod Redondo, 2017. "Prestaciones por desempleo y tasa de paro en España," Revista de Economia Critica, Universidad Pablo de Olavide y Asociacion de Economia Critica, vol. 23, pages 60-81.

  35. Sanchez, Juan M., 2006. "Optimal State-Contingent Unemployment Insurance," MPRA Paper 2535, University Library of Munich, Germany.

    Cited by:

    1. Andersen, Torben M & Svarer, Michael, 2009. "Business Cycle Dependent Unemployment Insurance," CEPR Discussion Papers 7334, Centre for Economic Policy Research.
    2. Walter Nicholson & Karen Needels, "undated". "The EUC08 Program in Theoretical and Historical Perspective," Mathematica Policy Research Reports 9046cb11c3aa44c8a036a6e38, Mathematica Policy Research.
    3. Saez, Emmanuel & Landais, Camille & Michaillat, Pascal, 2010. "Optimal Unemployment Insurance over the Business Cycle," CEPR Discussion Papers 8132, Centre for Economic Policy Research.
    4. Kurt Mitman & Stanislav Rabinovich, 2011. "Pro-cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model," PIER Working Paper Archive 11-023, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    5. Johannes F. Schmieder & Till M. von Wachter & Stefan Bender, 2012. "The Effects of Extended Unemployment Insurance over the Business Cycle: Evidence from Regression Discontinuity Estimates Over Twenty Years," NBER Working Papers 17813, National Bureau of Economic Research, Inc.
    6. Jeremy Schwartz, 2019. "The Job Search Intensity Supply Curve: How Labor Market Conditions Affect Job Search Effort," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(2), pages 269-300, April.
    7. Sánchez, Juan M., 2008. "Optimal state-contingent unemployment insurance," Economics Letters, Elsevier, vol. 98(3), pages 348-357, March.
    8. Pollak, Andreas, 2013. "Employment Insurance and the Business Cycle," MPRA Paper 49358, University Library of Munich, Germany.
    9. Jeremy Schwartz, 2013. "Unemployment Insurance and the Business Cycle: What Adjustments are Needed?," Southern Economic Journal, John Wiley & Sons, vol. 79(3), pages 680-702, January.
    10. Jeremy Schwartz, 2012. "Unemployment Insurance and the Business Cycle: What Adjustments are Needed?," EcoMod2012 3674, EcoMod.
    11. Stähler, Nikolai & Moyen, Stephane & Winkler, Fabian, 2016. "Optimal Unemployment Insurance and International Risk Sharing," VfS Annual Conference 2016 (Augsburg): Demographic Change 145612, Verein für Socialpolitik / German Economic Association.
    12. Moyen, Stéphane & Stähler, Nikolai, 2009. "Unemployment insurance and the business cycle: prolong benefit entitlements in bad times?," Discussion Paper Series 1: Economic Studies 2009,30, Deutsche Bundesbank.
    13. Kroft, Kory & Notowidigdo, Matthew J., 2012. "Should Unemployment Insurance Vary with the Unemployment Rate? Theory and Evidence," CLSSRN working papers clsrn_admin-2012-26, Vancouver School of Economics, revised 29 Oct 2012.
    14. Noah Williams & Rui Li, 2014. "Optimal Unemployment Insurance and Cyclical Fluctuations," 2014 Meeting Papers 804, Society for Economic Dynamics.
    15. Camille Landais & Pascal Michaillat & Emmanuel Saez, 2010. "A Macroeconomic Theory of Optimal Unemployment Insurance," NBER Working Papers 16526, National Bureau of Economic Research, Inc.
    16. Moyen, Stéphane & Stähler, Nikolai, 2014. "Unemployment Insurance And The Business Cycle: Should Benefit Entitlement Duration React To The Cycle?," Macroeconomic Dynamics, Cambridge University Press, vol. 18(3), pages 497-525, April.

Articles

  1. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sánchez, 2025. "Domestic Policies and Sovereign Default," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(3), pages 74-113, July.
    See citations under working paper version above.
  2. José Mustre-del-Río & Juan M Sánchez & Ryan Mather & Kartik Athreya, 2025. "The Effects of Macroeconomic Shocks: Household Financial Distress Matters," The Review of Financial Studies, Society for Financial Studies, vol. 38(2), pages 564-604.
    See citations under working paper version above.
  3. Fernando M. Martin & Juan M. Sánchez & Olivia Wilkinson, 2023. "The Economic Impact of COVID-19 around the World," Review, Federal Reserve Bank of St. Louis, vol. 105(2), pages 74-88, April.
    See citations under working paper version above.
  4. Dvorkin, Maximiliano & Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2022. "Improving sovereign debt restructurings," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    See citations under working paper version above.
  5. Jeremy Greenwood & Pengfei Han & Juan M. Sánchez, 2022. "Financing Ventures," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(3), pages 1021-1053, August.
    See citations under working paper version above.
  6. Jeremy Greenwood & Pengfei Han & Juan M. Sánchez, 2022. "Venture Capital: A Catalyst for Innovation and Growth," Review, Federal Reserve Bank of St. Louis, vol. 104(2), pages 120-130.

    Cited by:

    1. Yoshiki Ando, 2026. "Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 779-798, August.
    2. Akcigit, Ufuk & Dinlersoz, Emin & Greenwood, Jeremy & Penciakova, Veronika, 2022. "Synergizing ventures," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    3. Zuo, Si & Wang, Haijun, 2025. "Optimal venture capital entry–exit strategy with jump–diffusion risk," The North American Journal of Economics and Finance, Elsevier, vol. 76(C).
    4. Garitta, Claudio & Grassi, Laura, 2025. "Predicting break-even in FinTech startups as a signal for success," Finance Research Letters, Elsevier, vol. 74(C).

  7. Miguel Faria-e-Castro & Pascal Paul & Juan M. Sánchez, 2022. "Loan Evergreening: Recent Evidence from the U.S," Economic Synopses, Federal Reserve Bank of St. Louis, issue 26, pages 1-2, September.

    Cited by:

    1. Li, Xuchao & Shao, Xiang & Shen, Guangjun & Zou, Jingxian, 2025. "Bank competition and formation of zombie firms: Evidence from banking deregulation in China," Journal of Banking & Finance, Elsevier, vol. 172(C).

  8. Cirelli, Fernando & Espino, Emilio & Sánchez, Juan M., 2021. "Designing unemployment insurance for developing countries," Journal of Development Economics, Elsevier, vol. 148(C).
    See citations under working paper version above.
  9. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2021. "Sovereign Debt Restructurings," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(2), pages 26-77, April.
    See citations under working paper version above.
  10. Kartik B. Athreya & José Mustre-del-Río & Juan M. Sánchez & Olivia Wilkinson, 2021. "The Evolving Relationship between COVID-19 and Financial Distress," Economic Bulletin, Federal Reserve Bank of Kansas City, issue February , pages 1-3, February.

    Cited by:

    1. Jisha S. Kumar & J. S. Bhagavathi, 2023. "COVID-19 and Coping Strategies: A Study Among the Salaried Employees in Kerala," Jindal Journal of Business Research, , vol. 12(1), pages 85-95, June.

  11. Juan M. Sánchez & Olivia Wilkinson, 2020. "How COVID-19 Has Affected the Municipal Bond Market," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 28(4), October.

    Cited by:

    1. Tran, Nhu & Uzmanoglu, Cihan, 2023. "Reprint of: COVID-19, lockdowns, and the municipal bond market," Journal of Banking & Finance, Elsevier, vol. 147(C).
    2. Tran, Nhu & Uzmanoglu, Cihan, 2022. "COVID-19, lockdowns, and the municipal bond market," Journal of Banking & Finance, Elsevier, vol. 143(C).

  12. Dvorkin, Maximiliano & Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2020. "News, sovereign debt maturity, and default risk," Journal of International Economics, Elsevier, vol. 126(C).
    See citations under working paper version above.
  13. Michele Boldrin & Carlos Garriga & Adrian Peralta-Alva & Juan M. Sánchez, 2020. "Reconstructing the Great Recession," Review, Federal Reserve Bank of St. Louis, vol. 102(3), pages 271-311, July.
    See citations under working paper version above.
  14. Alexander Monge-Naranjo & Juan M. Sánchez & Raül Santaeulàlia-Llopis, 2019. "Natural Resources and Global Misallocation," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(2), pages 79-126, April.
    See citations under working paper version above.
  15. Kartik Athreya & José Mustre-del-Río & Juan M Sánchez, 2019. "The Persistence of Financial Distress," The Review of Financial Studies, Society for Financial Studies, vol. 32(10), pages 3851-3883.
    See citations under working paper version above.
  16. Sánchez, Juan M. & Sapriza, Horacio & Yurdagul, Emircan, 2018. "Sovereign default and maturity choice," Journal of Monetary Economics, Elsevier, vol. 95(C), pages 72-85.

    Cited by:

    1. Leonardo Martinez & Juan Hatchondo, 2017. "Sovereign Cocos and the Reprofiling of Debt Payments," 2017 Meeting Papers 1435, Society for Economic Dynamics.
    2. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2019. "Improving Sovereign Debt Restructurings," Working Papers 2019-36, Federal Reserve Bank of St. Louis, revised 06 Apr 2022.
    3. Jose E. Gomez-Gonzalez & Jorge M. Uribe & Oscar M. Valencia, 2023. "Sovereign Risk and Economic Complexity: Machine Learning Insights on Causality and Prediction," IREA Working Papers 202315, University of Barcelona, Research Institute of Applied Economics, revised Nov 2023.
    4. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "Sovereign Debt Restructurings," Working Papers 2018-13, Federal Reserve Bank of St. Louis.
    5. Converse, Nathan & Mallucci, Enrico, 2023. "Differential treatment in the bond market: Sovereign risk and mutual fund portfolios," Journal of International Economics, Elsevier, vol. 145(C).
    6. Corsetti, G. & Erce, A. & Uy, T., 2018. "Debt Sustainability and the Terms of Official Support," Cambridge Working Papers in Economics 1864, Faculty of Economics, University of Cambridge.
    7. Dirk Niepelt, 2022. "Sovereign Bond Prices, Haircuts and Maturity," Diskussionsschriften dp2213, Universitaet Bern, Departement Volkswirtschaft.
    8. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar M., 2025. "Sovereign debt cost and economic complexity," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 99(C).
    9. Doemeland,Doerte & Estevão,Marcello & Jooste,Charl & Sampi Bravo,James Robert Ezequiel & Tsiropoulos,Vasileios, 2022. "Debt Vulnerability Analysis : A Multi-Angle Approach," Policy Research Working Paper Series 9929, The World Bank.
    10. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
    11. Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
    12. Maximiliano Dvorkin & Emircan Yurdagul & Horacio Sapriza & Juan Sanchez, 2018. "Sovereign Debt Restructuring: A Dynamic Discrete Choice Approach," 2018 Meeting Papers 1273, Society for Economic Dynamics.
    13. Chi, Chun-Che, 2026. "Lender concentration of external debts and sudden stops," Journal of Monetary Economics, Elsevier, vol. 157(C).
    14. Luigi Bocola & Alessandro Dovis, 2019. "Self-Fulfilling Debt Crises: A Quantitative Analysis," American Economic Review, American Economic Association, vol. 109(12), pages 4343-4377, December.
    15. Mihalache, Gabriel, 2020. "Sovereign default resolution through maturity extension," Journal of International Economics, Elsevier, vol. 125(C).
    16. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar, 2024. "Asymmetric Sovereign Risk: Implications for Climate Change Preparation," IDB Publications (Working Papers) 13447, Inter-American Development Bank.
    17. Bornstein, Gideon, 2020. "A Continuous-Time Model of Sovereign Debt," Journal of Economic Dynamics and Control, Elsevier, vol. 118(C).
    18. Javier Bianchi & Jorge Mondragon, 2018. "Monetary Independence and Rollover Crises," Working Papers 755, Federal Reserve Bank of Minneapolis.
    19. Maximiliano Dvorkin & Juan M. Sánchez & Horacio Sapriza & Emircan Yurdagul, 2018. "News, sovereign debt maturity, and default risk," Working Papers 2018-033, Federal Reserve Bank of St. Louis, revised 18 May 2020.
    20. Leonardo Martinez & Francisco Roch & Francisco Roldan & Jeromin Zettelmeyer, 2022. "Sovereign Debt," Working Papers 167, Red Nacional de Investigadores en Economía (RedNIE).
    21. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar, 2024. "Sovereign Risk and Economic Complexity," IDB Publications (Working Papers) 13393, Inter-American Development Bank.
    22. Nada Azmy Elberry & Frank Naert & Stijn Goeminne, 2023. "Optimal public debt composition during debt crises: A review of theoretical literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 351-376, April.
    23. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "A framework for debt-maturity management," Working Papers 1919, Banco de España.
    24. Kim, Hwagyun & Mathur, Vipul & Shin, Jong Kook & Subramanian, Chetan, 2023. "Misallocation of debt and aggregate productivity," Journal of Corporate Finance, Elsevier, vol. 83(C).
    25. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," AMSE Working Papers 2222, Aix-Marseille School of Economics, France.
    26. Ibrahima Diarra & Michel Guillard & Hubert Kempf, 2025. "Sovereign Defaults and Debt Sustainability: A Joint Analysis," Open Economies Review, Springer, vol. 36(5), pages 1365-1412, November.
    27. Passadore, Juan & Xu, Yu, 2022. "Illiquidity in sovereign debt markets," Journal of International Economics, Elsevier, vol. 137(C).
    28. Dallal Bendjellal, 2022. "Sovereign Risk, Financial Fragility and Debt Maturity," Working Papers hal-03792522, HAL.
    29. Arce, Fernando, 2021. "Private Overborrowing under Sovereign Risk," MPRA Paper 113176, University Library of Munich, Germany.
    30. Poeschl, Johannes, 2023. "Corporate debt maturity and investment over the business cycle," European Economic Review, Elsevier, vol. 152(C).
    31. Bernardo Guimaraes & Lucas Tumkus, 2020. "On the costs of sovereign default in quantitative models," Discussion Papers 2021, Centre for Macroeconomics (CFM).
    32. Saki Bigio & Galo Nuño & Juan Passadore, 2019. "Debt-Maturity Management with Liquidity Costs," NBER Working Papers 25808, National Bureau of Economic Research, Inc.

  17. Hee Sung Kim & Juan M. Sánchez, 2018. "Why Is Inflation So Low?," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 26(1).

    Cited by:

    1. McQuinn, Kieran, 2018. "Capacity constraints in the Irish economy? A partial equilibrium approach," Research Notes RN20180401, Economic and Social Research Institute (ESRI).
    2. Lei Lv & Zhixin Liu & Yingying Xu, 2019. "Technological progress, globalization and low-inflation: Evidence from the United States," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-19, April.

  18. Kartik Athreya & Juan M. Sánchez & Xuan S. Tam & Eric R. Young, 2018. "Bankruptcy And Delinquency In A Model Of Unsecured Debt," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(2), pages 593-623, May.
    See citations under working paper version above.
  19. Juan M. Sánchez, 2018. "The Information Technology Revolution And The Unsecured Credit Market," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 914-930, April.

    Cited by:

    1. Satyajit Chatterjee & Burcu Eyigungor, 2026. "Explaining Contract Heterogeneity in the Credit Card Market," Working Papers 26-03, Federal Reserve Bank of Philadelphia.
    2. Cifuentes, Rodrigo & Margaretic, Paula & Saavedra, Trinidad, 2020. "Measuring households' financial vulnerabilities from consumer debt: Evidence from Chile," Emerging Markets Review, Elsevier, vol. 43(C).
    3. Sebastian Andreas Horn & David Mihalyi & Nickol,Philipp & Sosa-Padilla,César, 2024. "Hidden Debt Revelations," Policy Research Working Paper Series 10907, The World Bank.
    4. Satyajit Chatterjee & Dean Corbae & Kyle Dempsey & José-Víctor Ríos-Rull, 2026. "Credit Scores and Inequality across the Life Cycle," Working Papers 26-07, Federal Reserve Bank of Philadelphia.
    5. Jiseob Kim, 2020. "How Unsecured Credit Policies Influence Mortgage and Unsecured Loan Defaults," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(5), pages 1271-1304, August.
    6. Linzhi Han & Zhongan Zhang, 2023. "Impact of digital finance on enterprise green innovation: From the perspective of information asymmetry, consumer demand and factor market distortions," PLOS ONE, Public Library of Science, vol. 18(12), pages 1-31, December.
    7. Hodula, Martin, 2022. "Does Fintech credit substitute for traditional credit? Evidence from 78 countries," Finance Research Letters, Elsevier, vol. 46(PB).
    8. Natalia Kovrijnykh & Igor Livshits & Ariel Zetlin-Jones, 2026. "Building Credit Histories," Working Papers 26-17, Federal Reserve Bank of Philadelphia.
    9. Florian Exler & Igor Livshits & James MacGee & Michèle Tertilt, 2020. "Consumer Credit with Over-optimistic Borrowers," Staff Working Papers 20-57, Bank of Canada.
    10. Sheng, Tianxiang, 2021. "The effect of fintech on banks’ credit provision to SMEs: Evidence from China," Finance Research Letters, Elsevier, vol. 39(C).

  20. Espino, Emilio & Kozlowski, Julian & Sánchez, Juan M., 2018. "Investment and bilateral insurance," Journal of Economic Theory, Elsevier, vol. 176(C), pages 311-341.
    See citations under working paper version above.
  21. Kudlyak, Marianna & Sánchez, Juan M., 2017. "Revisiting the behavior of small and large firms during the 2008 financial crisis," Journal of Economic Dynamics and Control, Elsevier, vol. 77(C), pages 48-69.
    See citations under working paper version above.
  22. Hee Sung Kim & Juan M. Sánchez, 2017. "Financial Conditions: Do the Ups and Downs Affect the Rest of the Economy?," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 25(1).

    Cited by:

    1. Maximiliano Dvorkin & Cassandra Marks, 2026. "Drivers of Wage and Employment Growth in Recent Years: A Supply and Demand Decomposition," Working Papers 2026-004, Federal Reserve Bank of St. Louis, revised 30 Mar 2026.

  23. Emilio Espino & Julian Kozlowski & Juan M. Sánchez, 2016. "Stylized Facts on the Organization of Small Business Partnerships," Review, Federal Reserve Bank of St. Louis, vol. 98(4), pages 297-310.

    Cited by:

    1. Espino, Emilio & Kozlowski, Julian & Sánchez, Juan M., 2018. "Investment and bilateral insurance," Journal of Economic Theory, Elsevier, vol. 176(C), pages 311-341.

  24. Harold L. Cole & Jeremy Greenwood & Juan M. Sanchez, 2016. "Why Doesn't Technology Flow From Rich to Poor Countries?," Econometrica, Econometric Society, vol. 84, pages 1477-1521, July.
    See citations under working paper version above.
  25. Carlos Hatchondo, Juan & Martinez, Leonardo & Sánchez, Juan M., 2015. "Mortgage defaults," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 173-190.
    • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Paper 11-05, Federal Reserve Bank of Richmond.
    • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Papers 2011-019, Federal Reserve Bank of St. Louis.
    • Mr. Leonardo Martinez & Juan Carlos Hatchondo & Mr. Juan M. Sanchez, 2012. "Mortgage Defaults," IMF Working Papers 2012/026, International Monetary Fund.
    • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sanchez, 2015. "Mortgage Defaults," CAEPR Working Papers 2015-011, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    See citations under working paper version above.
  26. Juan M. Sánchez & Lijun Zhu, 2015. "Student Loan Delinquency: A Big Problem Getting Worse?," Economic Synopses, Federal Reserve Bank of St. Louis, issue 7.

    Cited by:

    1. José Alberto Fuinhas & Victor Moutinho & Estefano Silva, 2019. "Delinquency and Default in USA Student Debt as a Proportional Response to Unemployment and Average Debt per Borrower," Economies, MDPI, vol. 7(4), pages 1-16, October.
    2. Ionescu, Felicia & Simpson, Nicole, 2016. "Default risk and private student loans: Implications for higher education policies," Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 119-147.

  27. Emilio Espino & Juan M. Sánchez, 2015. "How Does Informal Employment Affect the Design of Unemployment Insurance and Employment Protection?," Review, Federal Reserve Bank of St. Louis, vol. 97(2).

    Cited by:

    1. Sefa Karagoz, 2020. "The Importance of the Informal Economy for Social Policy," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 70(2), pages 479-505, December.
    2. Iain W. Long & Vito Polito, 2017. "Job Search, Unemployment Protection and Informal Work in Advanced Economies," CESifo Working Paper Series 6763, CESifo.
    3. Juliana Mesén Vargas & Bruno Van der Linden, 2018. "Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints," CESifo Working Paper Series 7044, CESifo.

  28. Kartik Arthreya & Juan Sanchez & Xuan Tam & Eric Young, 2015. "Labor Market Upheaval, Default Regulation, and Consumer Debt," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(1), pages 32-52, January.
    See citations under working paper version above.
  29. Juan M. Sánchez, 2014. "Paying down credit card debt: a breakdown by income and age," The Regional Economist, Federal Reserve Bank of St. Louis, April.

    Cited by:

    1. Lawrence Santucci, 2016. "What Happened to the Revolving Credit Card Balances of 2009?," Consumer Finance Institute discussion papers 16-1, Federal Reserve Bank of Philadelphia.

  30. Juan M. Sánchez, 2014. "The deleveraging of U.S. households since the financial crisis," Economic Synopses, Federal Reserve Bank of St. Louis, issue 5.

    Cited by:

    1. Daniel O. Beltran & Mohammad R. Jahan-Parvar & Fiona A. Paine, 2021. "Optimizing Credit Gaps for Predicting Financial Crises: Modelling Choices and Tradeoffs," International Finance Discussion Papers 1307, Board of Governors of the Federal Reserve System (U.S.).

  31. Juan M. Sánchez & Emircan Yurdagul, 2014. "A Look at Japan's slowdown and its turnaround plan," The Regional Economist, Federal Reserve Bank of St. Louis, January.

    Cited by:

    1. Robert Jarrow & Sujan Lamichhane, 2020. "The Effects of Yield Control Monetary Policy: A Helicopter Money Drop to Financial Institutions," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-38, March.
    2. Rojo-Suárez, Javier & Alonso-Conde, Ana B. & Lago-Balsalobre, Rubén, 2024. "Industry bubbles and unexpected consumption shocks: A cross-sectional explanation of stock returns under recursive preferences," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1156-1169.
    3. Javier Rojo-Suárez & Ana Belén Alonso-Conde, 2020. "Impact of consumer confidence on the expected returns of the Tokyo Stock Exchange: A comparative analysis of consumption and production-based asset pricing models," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-31, November.
    4. Richard Carson, 2020. "Inclusiveness, Growth, and Political Support," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(4), pages 557-575, October.

  32. Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2013. "Life cycle patterns and boom-bust dynamics in U.S. housing prices," Economic Synopses, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Danilo Liberati & Valerio Vacca, 2016. "With (more than) a little help from my bank. Loan-to-value ratios and access to mortgages in Italy," Questioni di Economia e Finanza (Occasional Papers) 315, Bank of Italy, Economic Research and International Relations Area.

  33. Juan M. Sánchez & Emircan Yurdagul, 2013. "Why are corporations holding so much cash?," The Regional Economist, Federal Reserve Bank of St. Louis, issue Jan.

    Cited by:

    1. Michalis Nikiforos, 2019. "Induced Shifting Involvements and Cycles of Growth and Distribution," Economics Working Paper Archive wp_924, Levy Economics Institute.
    2. Giorgio Calcagnini & Laura Gardini & Germana Giombini & Edgar S. Carrera, 2022. "Does too much liquidity generate instability?," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(1), pages 191-208, January.
    3. Ebadi Esmaeil & Are Wasiu, 2023. "Reinvestigating the U.S. Consumption Function: A Nonlinear Autoregressive Distributed Lags Approach," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 17(1), pages 1-22, January.
    4. Armenter, Roc & Hnatkovska, Viktoria, 2017. "Taxes and capital structure: Understanding firms’ savings," Journal of Monetary Economics, Elsevier, vol. 87(C), pages 13-33.
    5. Zhang, Xiang & Zhan, Feng & Liu, Bin, 2023. "Institutional development, political uncertainty, and corporate cash holdings: Evidence from China," Finance Research Letters, Elsevier, vol. 53(C).
    6. Gu, Tiantian, 2017. "U.S. multinationals and cash holdings," Journal of Financial Economics, Elsevier, vol. 125(2), pages 344-368.
    7. Iman Harymawan & Mohammad Nasih & Muhammad Madyan & Diarany Sucahyati, 2019. "The Role of Political Connections on Family Firms’ Performance: Evidence from Indonesia," IJFS, MDPI, vol. 7(4), pages 1-14, September.
    8. Maria N. Ivanova, 2017. "Profit growth in boom and bust: the Great Recession and the Great Depression in comparative perspective," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 26(1), pages 1-20.
    9. Diewert, W. Erwin & Fox, Kevin J., 2019. "Money and the Measurement of Total Factor Productivity," Journal of Financial Stability, Elsevier, vol. 42(C), pages 84-89.
    10. Jiří Štekláč & Vladimír Štípek, 2017. "Smoothing Out The Credit Cycle Under The Conditions Of Current Credit Economy," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 11(1), pages 526-546.
    11. YoungHa Ki & Ramesh Adhikari, 2022. "Corporate Cash Holdings and Exposure to Macroeconomic Conditions," IJFS, MDPI, vol. 10(4), pages 1-25, November.
    12. Hadi Movaghari & Serafeim Tsoukas & Evangelos Vagenas‐Nanos, 2025. "Corporate cash policy and double machine learning," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 30(3), pages 3261-3279, July.
    13. Gianni La Cava & Callan Windsor, 2016. "Why Do Companies Hold Cash?," RBA Research Discussion Papers rdp2016-03, Reserve Bank of Australia.
    14. Meir Russ & Bino Catas?s, 2014. "Editorial. Intellectual Capital and Management Control: Human Capital Valuation and other challenges," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2014(2), pages 5-21.
    15. International Monetary Fund, 2014. "Canada: Selected Issues," IMF Staff Country Reports 2014/028, International Monetary Fund.
    16. Ms. Yuko Hashimoto & Mr. Noriaki Kinoshita, 2016. "The Financial Wealth of Corporations: A First Look at Sectoral Balance Sheet Data," IMF Working Papers 2016/011, International Monetary Fund.
    17. Curtis, Chadwick C. & Garín, Julio & Saif Mehkari, M., 2017. "Inflation and the evolution of firm-level liquid assets," Journal of Banking & Finance, Elsevier, vol. 81(C), pages 24-35.
    18. Joseph W. Gruber & Steven B. Kamin, 2016. "The Corporate Saving Glut and Falloff of Investment Spending in OECD Economies," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 64(4), pages 777-799, November.
    19. Agnes Aurora Ngelo & Yani Permatasari & Siti Zaleha Abdul Rasid & Iman Harymawan & Wulandari Fitri Ekasari, 2022. "Ex-Auditor CEOs and Corporate Social Responsibility (CSR) Disclosure: Evidence from a Voluntary Period of Sustainability Report in Indonesia," Sustainability, MDPI, vol. 14(18), pages 1-23, September.
    20. Ryan Niladri Banerjee & Boris Hofmann & Aaron Mehrotra, 2020. "Corporate investment and the exchange rate: The financial channel," BIS Working Papers 839, Bank for International Settlements.
    21. Lin Cho-Min & Chien I-Hsin & Chan Min-Lee & Chen Hui-Wen, 2017. "Cash Holdings and Cash Flow Uncertainty," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 7(6), pages 1-3.
    22. Iuliana Oana Mihai & Riana Iren Radu, 2015. "A Literature Review Of Companies Cash Holdings," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 346-352.
    23. Meral Medhat Basiony & Eman Mohamed Saad Eldeen & Aliaa Abdallah Tammam, 2025. "The impact of ownership structure on cash holdings in the Egyptian-listed companies," Future Business Journal, Springer, vol. 11(1), pages 1-16, December.
    24. Michalis Nikiforos, 2014. "Distribution-led Growth in the Long Run," Economics Working Paper Archive wp_814, Levy Economics Institute.
    25. Sorin Gabriel Anton, 2016. "Cash Holdings and Firm Value: A Study of Listed Firms in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 409-414, February.
    26. Liu, Qigui & Luo, Tianpei & Tian, Gary Gang, 2015. "Family control and corporate cash holdings: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 31(C), pages 220-245.

  34. Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2013. "Europe may provide lessons on preventing mortgage defaults," The Regional Economist, Federal Reserve Bank of St. Louis, issue July.

    Cited by:

    1. Ron Harris & Asher Meir, 2016. "Recourse Structure of Mortgages: A Comparison between the US and Europe," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 13(04), pages 15-22, February.
    2. Carlos Hatchondo, Juan & Martinez, Leonardo & Sánchez, Juan M., 2015. "Mortgage defaults," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 173-190.
      • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Paper 11-05, Federal Reserve Bank of Richmond.
      • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sánchez, 2011. "Mortgage defaults," Working Papers 2011-019, Federal Reserve Bank of St. Louis.
      • Mr. Leonardo Martinez & Juan Carlos Hatchondo & Mr. Juan M. Sanchez, 2012. "Mortgage Defaults," IMF Working Papers 2012/026, International Monetary Fund.
      • Juan Carlos Hatchondo & Leonardo Martinez & Juan M. Sanchez, 2015. "Mortgage Defaults," CAEPR Working Papers 2015-011, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    3. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    4. Billio, Monica & Dufour, Alfonso & Segato, Samuele & Varotto, Simone, 2023. "Complexity and the default risk of mortgage-backed securities," Journal of Banking & Finance, Elsevier, vol. 155(C).

  35. Jeremy Greenwood & Juan Sanchez & Cheng Wang, 2013. "Quantifying the Impact of Financial Development on Economic Development," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 194-215, January.
    See citations under working paper version above.
  36. Juan M. Sánchez & Emircan Yurdagul, 2013. "Why are U.S. firms holding so much cash? an exploration of cross-sectional variation," Review, Federal Reserve Bank of St. Louis, vol. 95(July), pages 293-325.

    Cited by:

    1. Berent Tomasz & Śniechowski Maciej, 2023. "Corporate sector cash holding – optimal levels, macro context, or external shocks?," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 59(4), pages 297-314, December.
    2. Marwick, Alex & Hasan, Mostafa Monzur & Luo, Tianpei, 2020. "Organization capital and corporate cash holdings," International Review of Financial Analysis, Elsevier, vol. 68(C).
    3. Silva, Mario Rafael, 2019. "Corporate finance, monetary policy, and aggregate demand," Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 1-28.
    4. Drobetz, Wolfgang & Haller, Rebekka & Meier, Iwan & Tarhan, Vefa, 2017. "The impact of liquidity crises on cash flow sensitivities," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 225-239.
    5. Randall Wright & Cathy Zhang & Guillaume Rocheteau, 2016. "Corporate Finance and Monetary Policy," 2016 Meeting Papers 97, Society for Economic Dynamics.
    6. Paul Jackson & Florian Madison, 2019. "Entrepreneurial finance, home equity, and monetary policy," ECON - Working Papers 322, Department of Economics - University of Zurich, revised Jun 2020.
    7. Jackson, Paul & Madison, Florian, 2022. "Entrepreneurial finance and monetary policy," European Economic Review, Elsevier, vol. 141(C).
    8. KHAN, Asad & BIBI, Memoona & TANVEER, Sarfaraz, 2016. "The Impact Of Corporate Governance On Cash Holdings: A Comparative Study Of The Manufacturing And Service Industry," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 20(3), pages 40-79.
    9. Constantine Barasa & George Achoki & Amos Njuguna, 2018. "Determinants of Corporate Cash Holding of Non-Financial Firms Listed on the Nairobi Securities Exchange," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(9), pages 222-222, August.
    10. Atanasova, Christina & Li, Mingxin, 2019. "Do all diversified firms hold less cash? The role of product market competition," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 59(C), pages 134-152.
    11. Zachary Bethune & Guillaume Rocheteau & Russell Wong & Cathy Zhang, 2020. "Lending Relationships and Optimal Monetary Policy," Working Paper 20-13, Federal Reserve Bank of Richmond.
    12. Chen, Jia & Gao, Ya-Chun & Li, Qiang & Zeng, Yong, 2020. "Cash holdings, M&A decision and risk premium," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 537(C).

  37. Constanza S. Liborio & Juan M. Sánchez, 2012. "The relationships among changes in GDP, employment, and unemployment: this time, it’s different," Economic Synopses, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Josua Sinaga & Ting Wu & Yu-wang Chen, 2022. "Impact of government interventions on the stock market during COVID-19: a case study in Indonesia," SN Business & Economics, Springer, vol. 2(9), pages 1-35, September.

  38. Constanza S. Liborio & Juan M. Sánchez, 2012. "Starting a business during a recovery: this time, it's different," The Regional Economist, Federal Reserve Bank of St. Louis, issue Jan.

    Cited by:

    1. Immo Schott, 2013. "Startups, Credit, and the Jobless Recovery," 2013 Meeting Papers 340, Society for Economic Dynamics.

  39. Juan M. Sánchez & Daniel L. Thornton, 2011. "Why is employment growth so low?," Economic Synopses, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Chinn, Menzie & Ferrara, Laurent & Mignon, Valérie, 2014. "Explaining US employment growth after the great recession: The role of output–employment non-linearities," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 118-129.

  40. Emilio Espino & Juan M. Sánchez, 2010. "Risk sharing, investment, and incentives in the neoclassical growth model," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(4Q), pages 399-416.

    Cited by:

    1. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2012. "Quantifying the Impact of Financial Development on Economic Development," RCER Working Papers 572, University of Rochester - Center for Economic Research (RCER).
    2. Josef Schroth, 2015. "Risk Sharing in the Presence of a Public Good," Staff Working Papers 15-27, Bank of Canada.
    3. Wang, Cheng, 1997. "Incentives, CEO Compensation and Shareholder Wealth in a Dynamic Agency Model," Staff General Research Papers Archive 5170, Iowa State University, Department of Economics.

  41. Marianna Kudlyak & David A. Price & Juan M. Sánchez, 2010. "The responses of small and large firms to tight credit shocks : the case of 2008 through the lens of Gertler and Gilchrist (1994)," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue Oct.

    Cited by:

    1. Dan DUMITRIU, 2015. "The Impact of Financial Diplomacy and the Effects of Financial Crisis on Norwegian Firms' Capital," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 3(1), pages 171-186, March.
    2. Salem Abo-Zaid & Anastasia Zervou, 2016. "Financing of Firms, Labor Reallocation and the Distributional Role of Monetary Policy," Working Papers 20161020_001, Texas A&M University, Department of Economics.

  42. Gabriel Cuadra & Juan Sanchez & Horacio Sapriza, 2010. "Fiscal Policy and Default Risk in Emerging Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(2), pages 452-469, April.
    See citations under working paper version above.
  43. Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Financing Development: The Role of Information Costs," American Economic Review, American Economic Association, vol. 100(4), pages 1875-1891, September.
    See citations under working paper version above.
  44. Samuel E. Henly & Juan M. Sánchez, 2009. "The U.S. establishment-size distribution: secular changes and sectoral decomposition," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 95(Fall), pages 419-454.

    Cited by:

    1. Emin Dinlersoz & Jeremy Greenwood, 2012. "The Rise and Fall of Unions in the United States," Economie d'Avant Garde Research Reports 19, Economie d'Avant Garde.
    2. Emin Dinlersoz & Jeremy Greenwood, 2012. "The Rise And Fall Of Unions In The U.S," Working Papers 12-12, Center for Economic Studies, U.S. Census Bureau, revised Jun 2013.
    3. Shigeru Fujita & Makoto Nakajima, 2016. "Worker flows and job flows: a quantitative investigation," Working Papers 16-3, Federal Reserve Bank of Philadelphia.
    4. Jeremy Greenwood & Juan M. Sánchez & Cheng Wang, 2010. "Financing development: the role of information costs," Working Papers 2010-024, Federal Reserve Bank of St. Louis.
    5. Stankov, Petar & Vasilev, Aleksandar, 2019. "Business reform outcomes: Why so different?," Journal of Policy Modeling, Elsevier, vol. 41(6), pages 1109-1127.

  45. Álvarez-Parra, Fernando & Sánchez, Juan M., 2009. "Unemployment insurance with a hidden labor market," Journal of Monetary Economics, Elsevier, vol. 56(7), pages 954-967, October.
    See citations under working paper version above.
  46. Sánchez, Juan M., 2008. "Optimal state-contingent unemployment insurance," Economics Letters, Elsevier, vol. 98(3), pages 348-357, March.
    See citations under working paper version above.

Software components

  1. Kartik Athreya & Juan Sanchez & Xuan Tam & Eric Young, 2014. "Code and data files for "Labor Market Upheaval, Default Regulation, and Consumer Debt"," Computer Codes 14-30, Review of Economic Dynamics.
    See citations under working paper version above.
  2. Jeremy Greenwood & Juan Sanchez & Cheng Wang, 2012. "Code and data files for "Quantifying the Impact of Financial Development on Economic Development"," Computer Codes 11-48, Review of Economic Dynamics.
    See citations under working paper version above.
  3. Gabriel Cuadra & Juan Sanchez & Horacio Sapriza, 2009. "Code and data files for "Fiscal Policy and Default Risk in Emerging Markets"," Computer Codes 07-61, Review of Economic Dynamics.
    See citations under working paper version above.Sorry, no citations of software components recorded.
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