create a website

Upstream financial flows, intangible investment, and allocative efficiency. (2022). Zhang, Haiping.
In: Journal of Macroeconomics.
RePEc:eee:jmacro:v:72:y:2022:i:c:s0164070422000258.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 53

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Trade‐induced sectoral upgrading and upstream financial flows. (2023). Zhang, Haiping.
    In: Canadian Journal of Economics/Revue canadienne d'économique.
    RePEc:wly:canjec:v:56:y:2023:i:3:p:859-896.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Acemoglu, D. ; Zilibotti, F. Was Prometheus unbound by chance? Risk, diversification, and growth. 1997 J. Polit. Econ.. 105 709-751

  2. Alessandria, G. ; Qian, J. Endogenous financial intermediation and real effects of capital account liberalization. 2005 J. Int. Econ.. 67 97-128

  3. Almeida, H. ; Campello, M. Financial constraints, asset tangibility, and corporate investment. 2007 Rev. Financ. Stud.. 20 1429-1460

  4. Antunes, A. ; Cavalcanti, T. The welfare gains of financial liberalization: capital accumulation and heterogeneity. 2013 J. Eur. Econom. Assoc.. 11 1348-1381

  5. Atkinson, A. ; Piketty, T. ; Saez, E. Top incomes in the long run of history. 2011 J. Econ. Lit.. 49 3-71

  6. Bates, T. ; Kahle, K. ; Stulz, R. Why do U.S. firms hold so much more cash than they used to?. 2009 J. Finance. 64 1985-2021

  7. Bekaert, G. ; Harvey, C. ; Lundblad, C. Financial openness and productivity. 2011 World Dev.. 39 1-19

  8. Benmelech, E., Kumar, N., Rajan, R., 2020. The Decline of Secured Debt. NBER Working Paper No. 26637.

  9. Bernanke, B. The global saving glut and the U.S. current account deficit. 2005 :

  10. Blanchard, O. Debt, deficits, and finite horizons. 1985 J. Polit. Econ.. 93 223-247

  11. Bonfiglioli, A. Financial integration, productivity and capital accumulation. 2008 J. Int. Econ.. 76 337-355

  12. Caballero, R. ; Farhi, E. ; Gourinchas, P.-O. An equilibrium model of “global imbalances” and low interest rates. 2008 Amer. Econ. Rev.. 98 358-393

  13. Caggese, A. ; Pérez-Orive, A. How stimulative are low real interest rates for intangible capital?. 2022 Eur. Econ. Rev.. 142 -

  14. CEA, A. Long-term interest rates: a survey. 2015 :
    Paper not yet in RePEc: Add citation now
  15. Chen, Z. ; Liu, Z. ; Serrato, J.C.S. ; Xu, Y. Notching R&D investment with corporate income tax cuts in China. 2021 Amer. Econ. Rev.. 111 2065-2100

  16. Corrado, C. ; Haskel, J. ; Jona-Lasinio, C. ; Iommi, M. Intangible investment in the EU and US before and since the great recession and its contribution to productivity growth. 2018 J. Infrastruct. Policy Dev.. 2 11-36
    Paper not yet in RePEc: Add citation now
  17. Crews, J.C. ; Kliesen, K. ; Waller, C. Focus on low real interest rate might be misplaced. 2016 En : The Regional Economist issue Jan. Federal Reserve Bank of St. Louis:

  18. Dell’Ariccia, G. ; Kadyrzhanova, D. ; Minoiu, C. ; Ratnovski, L. Bank lending in the knowledge economy. 2021 Rev. Financ. Stud.. 34 5036-5076

  19. Döttling, R. ; Ladika, T. ; Perotti, E. Creating intangible capital. 2020 :
    Paper not yet in RePEc: Add citation now
  20. Gabaix, X. Power laws in economics and finance. 2009 Annu. Rev. Econ.. 1 255-294

  21. Gatchev, V. ; Spindt, P. ; Tarhan, V. How do firms finance their investments? The relative importance of equity issuance and debt contracting costs. 2009 J. Corp. Finance. 15 179-195

  22. Giglio, S. ; Severo, T. Intangible capital, relative asset shortages and bubbles. 2012 J. Monetary Econ.. 59 303-317

  23. Groth, C. ; Khan, H. Investment adjustment costs: an empirical assessment. 2010 J. Money Credit Bank.. 42 1469-1494

  24. Gutierrez, G. ; Jones, C. ; Philippon, T. Entry costs and aggregate dynamics. 2021 J. Monetary Econ.. 124 S77-S91

  25. Haskel, J. ; Westlake, S. Capitalism Without Capital: The Rise of the Intangible Economy. 2018 Princeton University Press:
    Paper not yet in RePEc: Add citation now
  26. IMF, J. The liberalization and management of capital flows - an institutional view. 2012 :
    Paper not yet in RePEc: Add citation now
  27. IMF, J. Toward an integrated policy framework. 2020 :
    Paper not yet in RePEc: Add citation now
  28. Jaumotte, F. ; Lall, S. ; Papageorgiou, C. Rising income inequality: technology, or trade and financial globalization?. 2013 IMF Econ. Rev.. 61 271-309

  29. Ju, J. ; Wei, S.-J. Domestic institutions and the bypass effect of financial globalization. 2010 Am. Econ. J.: Econ. Policy. 2 173-204

  30. Kermani, A., Ma, Y., 2020. Two Tales of Debt. NBER Working Paper No. 27641.

  31. Kiyotaki, N., Zhang, S., 2018. Intangibles, Inequality and Stagnation. Working Paper.

  32. Klapper, L. ; Laeven, L. ; Rajan, R. Entry regulation as a barrier to entrepreneurship. 2006 J. Financ. Econ.. 82 591-629

  33. Kose, A. ; Prasad, E. ; Rogoff, K. ; Wei, S.-J. Financial globalization: a reappraisal. 2009 IMF Staff Papers. 56 8-62

  34. Kose, A. ; Prasad, E. ; Taylor, A. Thresholds in the process of international financial integration. 2011 J. Int. Money Finance. 30 147-179

  35. Kose, A. ; Prasad, E. ; Terrones, M.E. Does openness to international financial flows raise productivity growth?. 2009 J. Int. Money Finance. 28 554-580

  36. Kuznets, S. ; Jenks, E. Shares of Upper Income Groups in Income and Savings. 1953 National Bureau of Economic Research, Inc:

  37. Lian, C. ; Ma, Y. Anatomy of corporate borrowing constraints. 2021 Q. J. Econ.. 136 229-291

  38. Lopez, J. ; Moppett, V.O. The importance of intangible capital for the transmission of financial shocks. 2018 Rev. Econ. Dyn.. 30 223-238

  39. Matsuyama, K. Financial market globalization, symmetry-breaking, and endogenous inequality of nations. 2004 Econometrica. 72 853-884

  40. McGrattan, E.R. Intangible capital and measured productivity. 2020 Rev. Econ. Dyn.. 37 S147-S166

  41. Mendoza, E.G. ; Quadrini, V. ; Rios-Rull, J.-V. Financial integration, financial development, and global imbalances. 2009 J. Polit. Econ.. 117 371-416

  42. Obstfeld, M. Risk-taking, global diversification, and growth. 1994 Amer. Econ. Rev.. 84 1310-1329

  43. Piketty, T. ; Saez, E. Income inequality in the United States, 1913–1998. 2003 Q. J. Econ.. 118 1-39

  44. Prasad, E.S. ; Rajan, R. ; Subramanian, A. Patterns of international capital flows and their implications for economic development. 2006 En : Proceedings of the 2006 Jackson Hole Symposium. Federal Reserve Bank of Kansas City:

  45. Rachel, L. ; Smith, T. Are low real interest rates here to stay?. 2017 Int. J. Central Bank.. 13 1-42

  46. Summers, L. U.S. economic prospects: secular stagnation, hysteresis, and the zero lower bound. 2014 Bus. Econ.. 49 65-73

  47. Sun, Q. ; Xiaolan, M.Z. Financing intangible capital. 2019 J. Financ. Econ.. 132 472-496

  48. Varela, L. Reallocation, competition, and productivity: evidence from a financial liberalization episode. 2018 Rev. Econom. Stud.. 85 1279-1313

  49. von Hagen, J. ; Zhang, H. Financial development, international capital flows, and aggregate output. 2014 J. Dev. Econ.. 106 66-77

  50. Wang, P. ; Wen, Y. ; Xu, Z. Two-way capital flows and global imbalances. 2017 Econom. J.. 127 229-269

  51. Wang, Y. Debt market friction, firm-specific knowledge capital accumulation and macroeconomic implications. 2017 Rev. Econ. Dyn.. 26 19-39

  52. Zhang, H. Upstream financial flows, intangible investment, and allocative efficiency. 2021 :
    Paper not yet in RePEc: Add citation now
  53. Zhang, H. Wealth inequality and financial development: revisiting the symmetry breaking mechanism. 2017 Econom. Theory. 63 997-1025

Cocites

Documents in RePEc which have cited the same bibliography

  1. Inflation Anchoring and Growth: Evidence from Sectoral Data. (2018). Loungani, Prakash ; Furceri, Davide ; Choi, Sangyup.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2018/036.

    Full description at Econpapers || Download paper

  2. Financial development and inequality in the global economy. (2016). von Ehrlich, Maximilian.
    In: Diskussionsschriften.
    RePEc:ube:dpvwib:dp1603.

    Full description at Econpapers || Download paper

  3. Gains from financial integration in the European union: evidence for new and old members. (2007). Volosovych, Vadym ; Demyanyk, Yuliya.
    In: Supervisory Policy Analysis Working Papers.
    RePEc:fip:fedlsp:2007-01.

    Full description at Econpapers || Download paper

  4. Uncertainty, Optimal Specialization and Growth. (2006). Valente, Marco ; Di Maio, Michele.
    In: LEM Papers Series.
    RePEc:ssa:lemwps:2006/05.

    Full description at Econpapers || Download paper

  5. Technological Transfers, Limited Commitment and Growth. (2006). Dmitriev, Alexandre.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:248.

    Full description at Econpapers || Download paper

  6. Financial Globalization: A Reappraisal. (2006). Wei, Shang-Jin ; Rogoff, Kenneth ; Prasad, Eswar ; Kose, Ayhan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12484.

    Full description at Econpapers || Download paper

  7. Openness, Specialization and Growth. (2006). De Benedictis, Luca.
    In: DEGIT Conference Papers.
    RePEc:deg:conpap:c011_054.

    Full description at Econpapers || Download paper

  8. Equities and inequality. (2005). Bonfiglioli, Alessandra.
    In: Economics Working Papers.
    RePEc:upf:upfgen:947.

    Full description at Econpapers || Download paper

  9. Knowledge, Technology Adoption and Financial Innovation. (2005). Fernandes, Ana.
    In: Diskussionsschriften.
    RePEc:ube:dpvwib:dp0513.

    Full description at Econpapers || Download paper

  10. The Rise in Firm-Level Volatility: Causes and Consequences. (2005). PHILIPPON, Thomas ; Comin, Diego.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11388.

    Full description at Econpapers || Download paper

  11. Volatility and Growth: Credit Constraints and Productivity-Enhancing Investment. (2005). Manova, Kalina ; Banerjee, Abhijit ; Angeletos, George-Marios ; Aghion, Philippe.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11349.

    Full description at Econpapers || Download paper

  12. Banks, Liquidity Crises and Economic Growth. (2005). Ranciere, Romain ; Gaytan, Alejandro .
    In: DEGIT Conference Papers.
    RePEc:deg:conpap:c010_040.

    Full description at Econpapers || Download paper

  13. Growth and Shocks: evidence from rural Ethiopia. (2004). Dercon, Stefan.
    In: Development and Comp Systems.
    RePEc:wpa:wuwpdc:0409036.

    Full description at Econpapers || Download paper

  14. Trade and financial development. (2004). Levchenko, Andrei ; Do, Quy-Toan.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:3347.

    Full description at Econpapers || Download paper

  15. Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations. (2004). Henry, Peter ; Chari, Anusha.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10318.

    Full description at Econpapers || Download paper

  16. Macroeconomic Volatility and endogenous debt maturity choice. (2004). Kharroubi, Enisse.
    In: Money Macro and Finance (MMF) Research Group Conference 2004.
    RePEc:mmf:mmfc04:22.

    Full description at Econpapers || Download paper

  17. Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe. (2004). Yosha, Oved.
    In: Working Papers.
    RePEc:hou:wpaper:2004-05.

    Full description at Econpapers || Download paper

  18. IER Lawrence Klein Lecture: the case against intellectual monopoly. (2004). Levine, David ; Boldrin, Michele.
    In: Staff Report.
    RePEc:fip:fedmsr:339.

    Full description at Econpapers || Download paper

  19. Resource-Abundance and Economic Growth in the U.S.. (2004). Gerlagh, Reyer ; Papyrakis, Elissaios.
    In: Working Papers.
    RePEc:fem:femwpa:2004.62.

    Full description at Econpapers || Download paper

  20. Power laws and the origins of aggregate fluctuations. (2004). Gabaix, Xavier.
    In: Econometric Society 2004 North American Summer Meetings.
    RePEc:ecm:nasm04:484.

    Full description at Econpapers || Download paper

  21. Knowledge, Technology Adoption and Financial Innovation. (2004). Fernandes, Ana.
    In: Working Papers.
    RePEc:cmf:wpaper:wp2004_0408.

    Full description at Econpapers || Download paper

  22. Endogenous Financial Development and Multiple Growth Regimes. (2004). Kaas, Leo ; Azariadis, Costas.
    In: Economic Working Papers at Centro de Estudios Andaluces.
    RePEc:cea:doctra:e2004_08.

    Full description at Econpapers || Download paper

  23. Liquidity needs and vulnerability to financial udnerdevelopment. (2003). Raddatz, Claudio.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:3161.

    Full description at Econpapers || Download paper

  24. Government Size and Output Volatility: New International Evidence. (2003). Viren, Matti ; Koskela, Erkki.
    In: Discussion Papers.
    RePEc:rif:dpaper:857.

    Full description at Econpapers || Download paper

  25. Idiosyncratic Production Risk, Growth, and the Business Cycle. (2003). Calvet, Laurent ; Angeletos, George-Marios.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9764.

    Full description at Econpapers || Download paper

  26. Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation. (2003). Ueda, Kenichi ; Townsend, Robert M.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2003/193.

    Full description at Econpapers || Download paper

  27. An Empirical Reassessment of the Relationship Between Finance and Growth. (2003). Favara, Giovanni.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2003/123.

    Full description at Econpapers || Download paper

  28. Why isnt there more Financial Intermediation in Developing Countries?. (2003). Kevane, Michael ; Conning, Jonathan.
    In: Economics Working Paper Archive at Hunter College.
    RePEc:htr:hcecon:214.

    Full description at Econpapers || Download paper

  29. Stages of Diversification. (2003). Wacziarg, Romain ; Imbs, Jean.
    In: American Economic Review.
    RePEc:aea:aecrev:v:93:y:2003:i:1:p:63-86.

    Full description at Econpapers || Download paper

  30. International Financial Integration and Economic Growth. (2002). Slok, Torsten ; Ricci, Luca ; Levine, Ross ; Edison, Hali.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9164.

    Full description at Econpapers || Download paper

  31. Distance to Frontier, Selection, and Economic Growth. (2002). Zilibotti, Fabrizio ; Aghion, Philippe ; Acemoglu, Daron.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9066.

    Full description at Econpapers || Download paper

  32. Escaping the Curse of Oil? The Case of Gabon. (2002). Soderling, Ludvig.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2002/093.

    Full description at Econpapers || Download paper

  33. Perfectly competitive innovation. (2002). Levine, David ; Boldrin, Michele.
    In: Staff Report.
    RePEc:fip:fedmsr:303.

    Full description at Econpapers || Download paper

  34. Perfectly Competitive Innovation. (2002). Levine, David ; Boldrin, Michele.
    In: Levine's Working Paper Archive.
    RePEc:cla:levarc:625018000000000192.

    Full description at Econpapers || Download paper

  35. Growth & Welfare Effects of Business Cycles In Economies with Idiosyncratic Human Capital Risk. (2002). .
    In: Working Papers.
    RePEc:bro:econwp:2002-31.

    Full description at Econpapers || Download paper

  36. Finance and the Sources of Growth at Various Stages of Economic Development. (2002). Valev, Neven ; Rioja, Felix.
    In: International Center for Public Policy Working Paper Series, at AYSPS, GSU.
    RePEc:ays:ispwps:paper0217.

    Full description at Econpapers || Download paper

  37. Financial Development and Growth: A Positive, Monotonic Relationship?. (2002). Valev, Neven ; Rioja, Felix.
    In: International Center for Public Policy Working Paper Series, at AYSPS, GSU.
    RePEc:ays:ispwps:paper0207.

    Full description at Econpapers || Download paper

  38. Do Stock Markets Promote Economic Growth?. (2001). Hanousek, Jan ; Filer, Randall ; Campos, Nauro.
    In: Finance.
    RePEc:wpa:wuwpfi:0012006.

    Full description at Econpapers || Download paper

  39. Comparative Advantage and the Cross-section of Business Cycles. (2001). Ventura, Jaume ; Kraay, Aart.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:8104.

    Full description at Econpapers || Download paper

  40. Comparative Advantage and the Cross-Section of Business Cycles. (2001). Ventura, Jaume ; Kraay, Aart.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3000.

    Full description at Econpapers || Download paper

  41. A Theory of Political Transitions. (2001). Robinson, James ; Acemoglu, Daron.
    In: American Economic Review.
    RePEc:aea:aecrev:v:91:y:2001:i:4:p:938-963.

    Full description at Econpapers || Download paper

  42. Risk sharing and industrial specialization ; regional and international evidence. (2000). Sorensen, Bent ; Kalemli-Ozcan, Sebnem ; Yosha, Oved.
    In: Research Working Paper.
    RePEc:fip:fedkrw:rwp00-06.

    Full description at Econpapers || Download paper

  43. Structural Changes in Asia and Growth Prospects After the Crisis. (2000). Chauvin, Sophie ; Berthélemy, Jean-Claude ; Berthelemy, Jean-Clade.
    In: Working Papers.
    RePEc:cii:cepidt:2000-09.

    Full description at Econpapers || Download paper

  44. Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond. (2000). Weil, David ; Galor, Oded.
    In: American Economic Review.
    RePEc:aea:aecrev:v:90:y:2000:i:4:p:806-828.

    Full description at Econpapers || Download paper

  45. Do Stock Markets Promote Economic Growth. (1999). Hanousek, Jan ; Filer, Randall ; Campos, Nauro.
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:1999-267.

    Full description at Econpapers || Download paper

  46. Comparative advantage and the cross-section of business cycles. (1998). Ventura, Jaume ; Kraay, Aart.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:1948.

    Full description at Econpapers || Download paper

  47. Vintage Capital and Inequality. (1998). Jovanovic, Boyan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:6416.

    Full description at Econpapers || Download paper

  48. Could Prometheus be bound again? a contribution to the convergence controversy. (1998). Cetorelli, Nicola.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-98-3.

    Full description at Econpapers || Download paper

  49. Setting standards: Information accumulation in development. (1997). Zilibotti, Fabrizio ; Acemoglu, Daron.
    In: Economics Working Papers.
    RePEc:upf:upfgen:212.

    Full description at Econpapers || Download paper

  50. Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run. (1990). Jones, Charles.
    In: Working Papers.
    RePEc:wop:stanec:99008.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-30 01:32:15 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.