FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1556140582> ?p ?o ?g. }

• W1556140582 endingPage "28" @default.
• W1556140582 startingPage "3" @default.
• W1556140582 abstract "Financial frictions have been used to enrich mechanisms transmission in macroeconomics. However, the predictions of real business cycle models of costly external finance imply a procyclical default rate, external premium and relative price of capital which seems at odds with the data. In this article, we include technology shocks that affect the average productivity and idiosyncratic risk of capital producers in a standard costly external finance model. These elements enhance the model to deliver a countercyclical default rate, external finance and relative price of capital premium which are more consistent with the data and contrary to the results obtained with a sector-neutral productivity shock. Intuitively, if the entrepreneurs’ investment projects become more productive in average, the relative price of capital and the default rate fall while investment and output increase. Using data on the relative price of capital, we perform a calibration of this type of shocks which highlights its business-cycle relevance." @default.
• W1556140582 created "2016-06-24" @default.
• W1556140582 creator A5031925209 @default.
• W1556140582 date "2006-01-01" @default.
• W1556140582 modified "2023-09-26" @default.
• W1556140582 title "Default Rate and Price of Capital in a Costly External Finance Model" @default.
• W1556140582 cites W1557832879 @default.
• W1556140582 cites W1933529014 @default.
• W1556140582 cites W2006355521 @default.
• W1556140582 cites W2026605399 @default.
• W1556140582 cites W2131921554 @default.
• W1556140582 cites W2140281938 @default.
• W1556140582 cites W2144625816 @default.
• W1556140582 cites W2146000914 @default.
• W1556140582 cites W2147560556 @default.
• W1556140582 cites W2752617332 @default.
• W1556140582 cites W2889710217 @default.
• W1556140582 cites W3121173810 @default.
• W1556140582 cites W3121236665 @default.
• W1556140582 cites W3121937246 @default.
• W1556140582 cites W3122808314 @default.
• W1556140582 cites W3123325515 @default.
• W1556140582 cites W3124064065 @default.
• W1556140582 cites W3124114405 @default.
• W1556140582 cites W3124694199 @default.
• W1556140582 cites W3125485447 @default.
• W1556140582 cites W3126045516 @default.
• W1556140582 hasPublicationYear "2006" @default.
• W1556140582 type Work @default.
• W1556140582 sameAs 1556140582 @default.
• W1556140582 citedByCount "0" @default.
• W1556140582 crossrefType "journal-article" @default.
• W1556140582 hasAuthorship W1556140582A5031925209 @default.
• W1556140582 hasConcept C10138342 @default.
• W1556140582 hasConcept C106159729 @default.
• W1556140582 hasConcept C126285488 @default.
• W1556140582 hasConcept C126322002 @default.
• W1556140582 hasConcept C139719470 @default.
• W1556140582 hasConcept C162324750 @default.
• W1556140582 hasConcept C166957645 @default.
• W1556140582 hasConcept C17744445 @default.
• W1556140582 hasConcept C185782297 @default.
• W1556140582 hasConcept C199539241 @default.
• W1556140582 hasConcept C204983608 @default.
• W1556140582 hasConcept C27548731 @default.
• W1556140582 hasConcept C2776318286 @default.
• W1556140582 hasConcept C2781300812 @default.
• W1556140582 hasConcept C489367 @default.
• W1556140582 hasConcept C556758197 @default.
• W1556140582 hasConcept C71924100 @default.
• W1556140582 hasConcept C83646750 @default.
• W1556140582 hasConcept C83873408 @default.
• W1556140582 hasConcept C94625758 @default.
• W1556140582 hasConcept C95457728 @default.
• W1556140582 hasConceptScore W1556140582C10138342 @default.
• W1556140582 hasConceptScore W1556140582C106159729 @default.
• W1556140582 hasConceptScore W1556140582C126285488 @default.
• W1556140582 hasConceptScore W1556140582C126322002 @default.
• W1556140582 hasConceptScore W1556140582C139719470 @default.
• W1556140582 hasConceptScore W1556140582C162324750 @default.
• W1556140582 hasConceptScore W1556140582C166957645 @default.
• W1556140582 hasConceptScore W1556140582C17744445 @default.
• W1556140582 hasConceptScore W1556140582C185782297 @default.
• W1556140582 hasConceptScore W1556140582C199539241 @default.
• W1556140582 hasConceptScore W1556140582C204983608 @default.
• W1556140582 hasConceptScore W1556140582C27548731 @default.
• W1556140582 hasConceptScore W1556140582C2776318286 @default.
• W1556140582 hasConceptScore W1556140582C2781300812 @default.
• W1556140582 hasConceptScore W1556140582C489367 @default.
• W1556140582 hasConceptScore W1556140582C556758197 @default.
• W1556140582 hasConceptScore W1556140582C71924100 @default.
• W1556140582 hasConceptScore W1556140582C83646750 @default.
• W1556140582 hasConceptScore W1556140582C83873408 @default.
• W1556140582 hasConceptScore W1556140582C94625758 @default.
• W1556140582 hasConceptScore W1556140582C95457728 @default.
• W1556140582 hasIssue "1" @default.
• W1556140582 hasLocation W15561405821 @default.
• W1556140582 hasOpenAccess W1556140582 @default.
• W1556140582 hasPrimaryLocation W15561405821 @default.
• W1556140582 hasRelatedWork W104034176 @default.
• W1556140582 hasRelatedWork W1515125733 @default.
• W1556140582 hasRelatedWork W1575130671 @default.
• W1556140582 hasRelatedWork W1835390663 @default.
• W1556140582 hasRelatedWork W2171283387 @default.
• W1556140582 hasRelatedWork W2187264824 @default.
• W1556140582 hasRelatedWork W2255365118 @default.
• W1556140582 hasRelatedWork W2413439593 @default.
• W1556140582 hasRelatedWork W2532971087 @default.
• W1556140582 hasRelatedWork W2561944177 @default.
• W1556140582 hasRelatedWork W2752679669 @default.
• W1556140582 hasRelatedWork W2762938004 @default.
• W1556140582 hasRelatedWork W3001503002 @default.
• W1556140582 hasRelatedWork W3122538890 @default.
• W1556140582 hasRelatedWork W3122937838 @default.
• W1556140582 hasRelatedWork W3123378713 @default.
• W1556140582 hasRelatedWork W3124008275 @default.
• W1556140582 hasRelatedWork W3125374841 @default.
• W1556140582 hasRelatedWork W3125828059 @default.

• next