Credit Market Freezes
    Published Date 
  
  
    Copyright 2018
  
  
    ISBN 9780226577661
  
   
    DOI 10.1086/696065
  
                  
            
              You may be able to download this chapter for free via the Document Object Identifier.
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      Copy CitationEfraim Benmelech and Nittai K. Bergman, NBER Macroeconomics Annual 2017, volume 32 (University of Chicago Press, 2017), chap. 6, https://www.nber.org/books-and-chapters/nber-macroeconomics-annual-2017-volume-32/credit-market-freezes.
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      Credit market freezes in which debt issuance declines dramatically and market liquidity evaporates are typically...