Exchange rate appreciations and corporate risk taking BIS (2018-04-03)
We test the risk taking channel of exchange rate appreciations using firm-level data from private and public firms in ten Asian emerging market economies during 2002-2015. Since foreign currency (FX) debt at the firm lev .. more |
Credit supply and productivity growth Bank of Italy (2018-04-03)
We study the impact of bank credit supply on firm output and productivity. By exploiting a matched firm-bank database which covers all the credit relationships of Italian corporations over more than a decade, we measure .. more |
The Impact of Artificial Intelligence on Innovation NBER (2018-04-03)
Artificial intelligence may greatly increase the efficiency of the existing economy. But it may have an even larger impact by serving as a new general-purpose “method of invention” that can reshape the nature of the inno .. more |