Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation
Published Date
Copyright 1991
ISBN 0226355888
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Copy CitationMark Gertler, R. Glenn Hubbard, and Anil Kashyap, Financial Markets and Financial Crises (University of Chicago Press, 1991), chap. 1, https://www.nber.org/books-and-chapters/financial-markets-and-financial-crises/interest-rate-spreads-credit-constraints-and-investment-fluctuations-empirical-investigation.
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Working Paper
We present a simple framework that incorporates a role for "interest rate spreads" in models of investment...