Narrow search
Showing 1 - 10 of 26,917
Cover Image
The collateral channel : how real estate shocks affect corporate investment
Chaney, Thomas; Sraer, David; Thesmar, David - 2010
Persistent link: https://www.econbiz.de/10003979121
Cover Image
The collateral channel : how real estate shocks affect corporate investment
Chaney, Thomas; Sraer, David; Thesmar, David - In: The American economic review 102 (2012) 6, pp. 2381-2409
Persistent link: https://www.econbiz.de/10009711008
Cover Image
Ratios of Changes : How Real Estate Shocks Did Not Affect Corporate Investment
Welch, Ivo - 2020
purged, and their estimated coefficients then turn negative. My paper also discusses the lack of shock identification and the …
Persistent link: https://www.econbiz.de/10012834307
Cover Image
Does financial reporting quality affect firm-level investments? : evidence from shocks to collateral values
Balakrishnan, Karthik; Core, John E.; Verdi, Rodrigo S. - 2011 - First draft: March 7, 2011
Persistent link: https://www.econbiz.de/10009349699
Cover Image
The Collateral Channel : How Real Estate Shocks Affect Corporate Investment
Chaney, Thomas - 2010
What is the impact of real estate prices on corporate investment? In the presence of financing frictions, firms use pledgeable assets as collateral to finance new projects. Through this collateral channel, shocks to the value of real estate can have a large impact on aggregate investment. Over...
Persistent link: https://www.econbiz.de/10012462595
Cover Image
Chaney, Sraer and Thesmar (2012), The Collateral Channel : How Real Estate Shocks Affect Corporate Investment, and the American Economic Review
Welch, Ivo - 2022
Chaney, Sraer, and Thesmar (2012) suggests that “shocks to the value of real estate [collateral] can have a large impact on aggregate [corporate] investment.” My comment shows that their reported coefficient estimates are spurious. They explain variation in their normalizing denominators...
Persistent link: https://www.econbiz.de/10013405607
Cover Image
The Collateral Channel : How Real Estate Shocks Affect Corporate Investment
Chaney, Thomas - 2013
What is the impact of real estate prices on corporate investment? In the presence of financing frictions, firms use pledgeable assets as collateral to finance new projects. Through this collateral channel, shocks to the value of real estate can have a large impact on aggregate investment. Over...
Persistent link: https://www.econbiz.de/10013093933
Cover Image
Sentimental shocks and house prices
Anastasiou, Dimitris; Kapopoulos, Panayotis T.; … - In: The journal of real estate finance and economics 67 (2023) 4, pp. 627-655
Persistent link: https://www.econbiz.de/10014444085
Cover Image
Monetary policy transmission and house prices : European cross-country evidence
Carstensen, Kai; Hülsewig, Oliver; Wollmershäuser, Timo - 2009
of key macroeconomic variables to a monetary policy shock. We propose a datadriven approach that splits our panel of … countries into two disjoint groups according to the impact of the monetary policy shock on real house prices. Our results show …
Persistent link: https://www.econbiz.de/10003872444
Cover Image
House prices, sales and time on the market : a search-theoretic framework
Díaz, Antonia; Jerez, Belén - 2009
Persistent link: https://www.econbiz.de/10003972455