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Debt Maturity Choice and Aggregate Growth

Orit Milo, Jacob Sagi   Jul 10,2023

Working Paper No.00103-00

We find that a measure of aggregate corporate debt maturity choices strongly predicts real GDP growth. The new measure compares... Read More

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

Simon Mayer , Lin William Cong (叢林)   Nov 28,2022

Working Paper No.00088-00

We model platform competition with endogenous data generation, collection, and sharing, thereby providing a unifying framework to evaluate data-related regulation... Read More

Collateral Booms and Information Depletion

Luc Laeven,Alberto Martin, Vladimir Asriyan   Nov 05,2019

Working Paper No.00054-00

We develop a new theory of information production during credit booms. Entrepreneurs need credit to undertake investment projects, some of... Read More

Published: Review of Economic Studies, 2021, (), -

Liquidity Sentiments

Brett Green , Vladimir Asriyan William Fuchs   Mar 12,2019

Working Paper No.00034-03

We develop a rational theory of liquidity sentiments in which the market outcome in any given period depends on agents'... Read More

Published: American Economic Review, 2019, (), -