Zobrazeno 1 - 10
of 28
pro vyhledávání: '"Nittai K. Bergman"'
Publikováno v:
Journal of Human Resources. 57:S200-S250
We analyze the effect of local-level labor market concentration on wages. Using Census data over the period 1977–2009, we find that: (1) local-level employer concentration exhibits substantial cross-sectional and time-series variation and increases
Publikováno v:
The Review of Financial Studies. 33:5092-5130
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local weather-driven cash flow shocks on the r
Autor:
Nittai K. Bergman, Ram Fishman
Assessing the contribution of mobility restrictions to the control of Covid-19 diffusion is an urgent challenge of global import. We analyze the relation between transmission rates (estimated effective reproduction numbers) and societal mobility leve
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6651ef73f3ec2ce7ce6a70b71d4ffecf
https://doi.org/10.1101/2020.05.06.20093039
https://doi.org/10.1101/2020.05.06.20093039
Publikováno v:
SSRN Electronic Journal.
This paper analyzes the heterogeneous effects of monetary policy on workers with different levels of labor force attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations with low
Publikováno v:
SSRN Electronic Journal.
Proprietary traders’ role in capital markets has received heightened attention with the debate over the Volcker Rule following the 2008-09 financial crisis. To date, there is little evidence on whether proprietary traders provide or take liquidity
Autor:
Nittai K. Bergman, Efraim Benmelech
Publikováno v:
NBER Macroeconomics Annual. 32:493-526
Credit market freezes in which debt issuance declines dramatically and market liquidity evaporates are typically observed during financial crises. In the financial crisis of 2008–2009, the structur...
Autor:
Efraim Benmelech, Nittai K. Bergman
We analyze the empirical determinants of liquidity in debt markets in light of predictions stemming from debt-based information theories. We conduct a battery of tests confirming predictions of asymmetric information models of bond liquidity, includi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::10447753c2a8b08499636d7b10dda9a2
https://doi.org/10.3386/w25054
https://doi.org/10.3386/w25054
Publikováno v:
SSRN Electronic Journal.
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and financi
Autor:
Efraim Benmelech, Nittai K. Bergman
Publikováno v:
SSRN Electronic Journal.
Credit market freezes in which debt issuance declines dramatically and market liquidity evaporates are typically observed during financial crises. In the financial crisis of 2008-09, the structured credit market froze, issuance of corporate bonds dec
Autor:
Nittai K. Bergman, Efraim Benmelech
Publikováno v:
The Journal of Finance. 66:337-378
Do bankrupt firms impose negative externalities on their nonbankrupt competitors? We propose and analyze a collateral channel in which a firm’s bankruptcy reduces the collateral value of other industry participants, thereby increasing their cost of