Economics at your fingertips  

The responses of small and large firms to tight credit shocks: the case of 2008 through the lens of Gertler and Gilchrist (1994)

Marianna Kudlyak, David A. Price and Juan Sanchez

Richmond Fed Economic Brief, 2010, issue Oct, No 10-10

Abstract: Do large firms and small firms behave differently when credit becomes more costly or harder to obtain? Past research has found that small firms are more likely to be credit-constrained and thus tend to be affected more negatively than large firms during such times. Recent findings from the 2007-2009 recession, however, raise questions about the roles of small and large firms during periods of tight credit

Keywords: Business cycles; Recessions (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) ... 010/pdf/eb_10-10.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Richmond Fed Economic Brief from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by ().

Page updated 2020-09-18
Handle: RePEc:fip:fedreb:y:2010:i:oct:n:10-10