Dynamism diminished: The role of housing markets and credit conditions (Record no. 133317)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 01200nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240625b |||||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Davis, Steven J. |
| -- | Haltiwanger, John |
| 245 ## - TITLE STATEMENT | |
| Title | Dynamism diminished: The role of housing markets and credit conditions |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Name of publisher, distributor, etc. | American Economic Journal: Macroeconomics |
| Date of publication, distribution, etc. | 2024 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 29-61 |
| 520 ## - Abstract | |
| Abstract | We estimate the effects of house price changes on young-firm employment shares and industry-level employment growth in local economies. A novel test shows that house price effects on local economies work through wealth, liquidity, and collateral effects on the propensity to start new firms and expand young ones. Aggregating local effects to the national level, our estimates imply that housing market ups and downs play a major role—as transmission channel and driving force—in medium-run fluctuations in young-firm employment shares in recent decades. We also find a distinct and smaller role for locally exogenous loan-supply shifts. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Economics |
| -- | Macroeconomics |
| -- | Housing Supply and Markets |
| -- | Regional Economic Activity |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.aeaweb.org/articles?id=10.1257/mac.20190007">https://www.aeaweb.org/articles?id=10.1257/mac.20190007</a> |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Article Index |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| -- | 118964 |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Dr VKRV Rao Library | Dr VKRV Rao Library | 25/06/2024 | Vol. 16, No. 2 | AI24 | 25/06/2024 | 25/06/2024 | Article Index |