Zobrazeno 1 - 10
of 20
pro vyhledávání: '"Omar Rachedi"'
Publikováno v:
American Economic Journal: Macroeconomics. 15:209-239
We study the effects of aggregate government spending shocks in a production network economy where sectors differ in their price rigidity, factor intensities, use of intermediate inputs, and contribution to final demand. The model implies an aggregat
Publikováno v:
Management Science.
The overstatement of asset collateral values reduces bank capital requirements. We identify this novel form of regulatory arbitrage by studying housing overappraisals, the difference between housing collateral values computed by appraisers and actual
Publikováno v:
Documentos de Trabajo.
Aggregate and sectoral effects of public investment crucially depend on the interaction between the output elasticity to public capital and input-output linkages. We identify this dependence through the lens of a New Keynesian production network. Thi
Autor:
Sergio Mayordomo, Omar Rachedi
Publikováno v:
Journal of Financial and Quantitative Analysis. 57:3114-3144
Did the rise of Chinese import competition in the early 2000s affect banks’ credit supply policies? Using bank-firm-level data on the universe of Spanish corporate loans, we find that banks rebalanced their loan portfolios away from firms facing Ch
Autor:
Alessandro Peri, Omar Rachedi
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Autor:
Alessandro Peri, Omar Rachedi
Publikováno v:
The Economic Journal. 130:534-553
US corporate default rates increased dramatically from an annual average of 0.32% between 1950 and 1984 up to 1.65% since 1985. Meanwhile, credit spreads rose by just 6 basis points. We argue that financial development—intended as an exogenous redu
Autor:
Omar Rachedi
Publikováno v:
SSRN Electronic Journal.
This paper studies how the variation in sectoral productivities shapes the sectoral composition of the Spanish economy from 1980 to 2015. I first document an asymmetric behavior of sectoral productivities: the productivity of services declines over t