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Falling Interest Rates and Credit Reallocation: Lessons from General Equilibrium

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Capital Allocation and Productivity in South Europe*
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Balance Sheet Channel with Information-Trading Frictions in Secondary Markets
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Savings Gluts and Financial Fragility
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GROWING LIKE SPAIN: 1995–2007
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Inefficient Credit Booms
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Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics
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Investment and the Cross‐Section of Equity Returns
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Credit, Wages, and Bankruptcy Laws
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The Geographic Determinants of Housing Supply *
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Estimation and Inference of Impulse Responses by Local Projections
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Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States
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Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?
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Zombie Lending and Depressed Restructuring in Japan
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Zombie Lending and Policy Traps
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Financial Cycles with Heterogeneous Intermediaries
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Constrained-Efficient Capital Reallocation
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