美联储-周期性波动、金融摩擦和企业间生产率差异(英)-2026
聚焦美联储-周期性波动、金融摩擦和企业间生产率差异(英)-2026。In particular, OLS regressions estimated on model-simulated data reproduce the signs of their counterparts in U.S. data: within-industry productivity dispersion narrows when GDP growth runs above average, and delinquencies on business loans rise when growth is depressed and when real interest rates are high.