Gabriel, Jiménez; Mian, Atif; Peydró, José-Luis; Saurina, Jesús
(2014-11-01)
We study bank credit booms, exploiting the Spanish matched credit register over 2001-2009. We extend Khwaja and Mian (2008) s loan-level estimator by incorporating firm-level general equilibrium adjustments. Higher ex-ante ...