Showing 61 - 70 of 2,988
This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of capital and labor towards inefficient firms. I establish that the rise in real estate value during the US housing boom relaxes firms' financial constraints. Companies borrow...
Persistent link: https://www.econbiz.de/10012220104
Persistent link: https://www.econbiz.de/10012220119
Persistent link: https://www.econbiz.de/10012220476
Persistent link: https://www.econbiz.de/10012236947
Persistent link: https://www.econbiz.de/10012240482
Persistent link: https://www.econbiz.de/10012226151
Persistent link: https://www.econbiz.de/10012228527
Persistent link: https://www.econbiz.de/10012229073
Persistent link: https://www.econbiz.de/10012230641
Persistent link: https://www.econbiz.de/10012151915