NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels

Stijn Claessens, Hui Tong, Shang-Jin Wei

NBER Working Paper No. 17360
Issued in August 2011

---- Acknowledgements -----

We would like to thank the participants in the NBER Global Financial Crisis preconference and conference and especially Charles Engel, Kristin Forbes, Jeffrey Frankel, and Linda Tesar for very useful comments and suggestions, and Mohsan Bilal for excellent research assistance. The views expressed in this paper are those of the authors and do not necessarily represent those of the National Bureau of Economic Research, the IMF, or IMF policy.

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