The importance of intangible capital for the transmission of financial shocks
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DOI: 10.1016/j.red.2018.04.004
Abstract: This paper studies the role of intangible capital in the transmission of financial shocks in a general equilibrium model with two types of capital, tangible and intangible, and labor and financial frictions. We find that… read more here.
Keywords: capital; financial shocks; capital transmission; transmission financial ... See more keywords