NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9

Tobias Adrian, Paolo Colla, Hyun Song Shin

NBER Working Paper No. 18335
Issued in August 2012

---- Acknowledgements -----

Paper presented at the NBER Macro Annual Conference, April 20-21, 2012. We thank Daron Acemoglu, Olivier Blanchard, Thomas Eisenbach, Mark Gertler, Simon Gilchrist, Arvind Krishnamurthy, Guido Lorenzoni, Jonathan Parker, Michael Woodford and participants at the Chicago Macroeconomic Fragility conference and the 2012 AEA meetings for comments on earlier versions of the paper. We also thank Michael Roberts and Simon Gilchrist for making available data used in this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, the Federal Reserve Bank of New York, or the Federal Reserve System.

return to bibliography page

 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us