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Bank of Canada RSS Feedsen2024-03-28T23:30:57+00:00Aggregate Fluctuations and the Role of Trade Credit
https://www.bankofcanada.ca/2017/09/staff-working-paper-2017-37/
In an economy where production takes place in multiple stages and is subject to financial frictions, how firms finance intermediate inputs matters for aggregate outcomes. This paper focuses on trade credit—the lending and borrowing of input goods between firms—and quantifies its aggregate impacts during the Great Recession.2017-09-20T11:07:16+00:00enAggregate Fluctuations and the Role of Trade Credit2017-09-20Business fluctuations and cyclesCredit and credit aggregatesFirm dynamicsStaff Working Paper 2017-37https://www.bankofcanada.ca/wp-content/uploads/2017/09/swp2017-37.pdfAggregate Fluctuations and the Role of Trade CreditLin ShaoSeptember 2017EE3E32E4E44E5E51