Recent banking theory holds that durable firm-bank relationships are valuable to both parties. Using contract …-specific loan records of a nineteenth-century U.S. bank, this paper shows that firms that form extended relationships with banks … receive three principal benefits. First, firms with extended relationships face lower credit costs. As the bank …

-shock bank capital, explain why banks were able to accommodate these liquidity demands …

. We predict county lending shocks using variation in pre-crisis bank market shares and estimated bank supply …

submissions to the Journal of International Economics to help answer these questions …

Paul Krugman's essay quot;Who Was Milton Friedman?quot; seriously mischaracterizes Friedman's economics and his legacy … a self-contained guide to Milton Friedman's impact on modern monetary economics and on today's central banks. We also …

States. We describe the central economic questions raised by AD. While there is overlap with the economics of aging, the … defining features of the ‘economics of Alzheimer's Disease' is an emphasis on cognitive decline, choice by cognitively impaired … public programs for AD. These topics overlap with many areas of economics -- labor economics, health economics, public …

We study how citation patterns differ between journal tiers in economics. Concretely, we analyze citations patterns of … more than 6,000 economics research articles published in top five, second tier, and top field economics journals between … field of economics research (e.g. this ratio is the lowest for econometric methods papers) and with articles' impact (e …