Search Results

Misallocation and Capital Market Integration: Evidence From India,
Adrien Matray, from C.E.P.R. Discussion Papers (2020)
Keywords: Foreign capital liberalization; Misallocation; India; Aggregating reduced-form estimates

Capital misallocation and economic development in a dynamic open economy,
Bruno R. Delalibera, Luciene Pereira, Heron Rios and Rafael Serrano-Quintero, in Journal of Economic Dynamics and Control (2024)
Keywords: Misallocation; Open economy growth models; Capital accumulation; Technology adoption; Mexico;

Firm heterogeneity, capital misallocation and optimal monetary policy,
Beatriz González, Galo Nuño, Dominik Thaler and Silvia Albrizio, from European Central Bank (2024)
Keywords: capital misallocation, financial frictions, firm heterogeneity, monetary policy

Firm heterogeneity, capital misallocation and optimal monetary policy,
Beatriz González, Galo Nuño Barrau, Dominik Thaler and Silvia Albrizio, from Bank for International Settlements (2023)
Keywords: monetary policy, firm heterogeneity, financial frictions, capital misallocation

Land titling, human capital misallocation, and agricultural productivity in China,
Shouying Liu, Sen Ma, Lijuan Yin and Jiong Zhu, in Journal of Development Economics (2023)
Keywords: Land titles; Human capital; Misallocation; Productivity; China;

Loss-offset provisions in the corporate tax code and misallocation of capital,
Baris Kaymak and Immo Schott, in Journal of Monetary Economics (2019)
Keywords: Corporate taxation; Capital misallocation; Tax reform;

Fiscal policy volatility and capital misallocation: Evidence from China,
Sai Ding, Wei Jiang, Shengyu Li and Shang-Jin Wei, in European Economic Review (2024)
Keywords: Fiscal volatility, Capital misallocation, MRPK dispersion, Capital adjustment costs, China;

Capital misallocation and financial market frictions: Empirical evidence from equity cost of capital,
Junyan Shen, in International Review of Economics & Finance (2023)
Keywords: Misallocation; Aggregate TFP; Financial frictions; Cost of capital;

Capital misallocation: Cyclicality and sources,
M. Jahangir Alam, in Journal of Economic Dynamics and Control (2020)
Keywords: Misallocation; Decomposition; Countercyclical; Net worth; Productivity;

Trinity for Innovation: Industry-University-Research Amends Factor Misallocation Based on the Dual Perspective of Capital and Labor Force,
Liwen Cheng, Zhouyi Gu, Changsong Wang and Hong Jie, in Journal of Regional Economics (2024)
Keywords: Industry-university-research cooperation innovation (IURCI); Capital misallocation; Labor misallocation; Factor misallocation

Dual-track interest rates and capital misallocation,
Shiyi Chen and Bin Lin, in China Economic Review (2019)
Keywords: Dual-track interest rates; Capital misallocation; Financial frictions; Shadow banking; Interest rate liberalization; Credit boom;

Capital misallocation in China: Financial frictions or policy distortions?,
Guiying Wu, in Journal of Development Economics (2018)
Keywords: Capital misallocation; Financial frictions; Policy distortions; Propensity score matching; Chinese economy;

Financial frictions, capital misallocation and structural change,
Naohisa Hirakata and Takeki Sunakawa, in Journal of Macroeconomics (2019)
Keywords: Financial frictions; Heterogeneous firms; Capital misallocation; Total factor productivity; Structural change;

Financial Frictions, Capital Misallocation, and Structural Change,
Naohisa Hirakata and Takeki Sunakawa, from Institute for Monetary and Economic Studies, Bank of Japan (2013)
Keywords: Financial frictions, heterogeneous firms, capital misallocation, total factor productivity, structural change

Real Estate Boom and Misallocation of Capital in China,
Ting Chen, Laura Liu, Wei Xiong and Li-An Zhou, from Princeton University. Economics Department. (2017)
Keywords: China, Land Prices, Collateral Channel, Speculation Channel, Crowding Out Channel, Misallocation of Capital

Unlocking efficiency: optimal monetary policy when capital misallocation matters,
Beatriz González, Galo Nuño, Dominik Thaler and Silvia Albrizio, in Research Bulletin (2024)
Keywords: capital misallocation, financial frictions, firm heterogeneity, Monetary policy

The impact of digital economy on capital misallocation: evidence from China,
Yanwei Lyu, Yahui Ge and Jinning Zhang, in Economic Change and Restructuring (2023)
Keywords: Digital economy, Capital misallocation, Spatial spillover effect, Moderating effect

International Lending Channel, Bank Heterogeneity and Capital Inflows (Mis)Allocation,
Lucas Argentieri Mariani and Silvia Marchesi, from University of Milano-Bicocca, Department of Economics (2023)
Keywords: Capital inflows, Sovereign Debt, International Lending Channel, Misallocation

The Impact of Market Power on Capital Misallocation: A Total Factor Productivity Perspective,
Yuhao Lu, Shulin Wang and Sudarshan Pillalamarri, in Sustainability (2024)
Keywords: capital misallocation; total factor productivity; market power; mediation effect

The Gendered Impact of Social Norms on Financial Access and Capital Misallocation,
Arti Grover and Mariana Viollaz, from Institute of Labor Economics (IZA) (2025)
Keywords: firms, credit, capital misallocation, gender, social and cultural norms

Beware the Side Effects: Capital Controls, Trade, Misallocation andWelfare,
Eugenia Andreasen, Sofia Bauducco, Evangelina Dardati and Enrique Mendoza, from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2023)
Keywords: Capital controls, welfare, misallocation, financial frictions, international trade

Capital misallocation and its implications for India’s potential GDP: An evidence from India KLEMS,
Rajib Das and Siddhartha Nath, in Indian Economic Review (2019)
Keywords: Capital misallocation, Distortion, Factor share, Potential GDP

Capital-labor substitution and misallocation,
Debdulal Mallick and Nabeel Maqsood, from University Library of Munich, Germany (2022)
Keywords: misallocation; elasticity of substitution; CES production function; total factor productivity

International Financial Flows and Misallocation: Evidence from Micro Data,
Federico Cingano and Fadi Hassan, from C.E.P.R. Discussion Papers (2022)
Keywords: Capital flows; Misallocation; Productivity

Vertical structure, capital misallocation and capital allocation efficiency of the real economy,
Qingjun Zhang, Lan Yang and Chuan Liu, in Economic Change and Restructuring (2021)
Keywords: Vertical structure, Capital misallocation, Real economy, Efficiency of capital allocation, Mediating effect

Capital misallocation and aggregate factor productivity,
Costas Azariadis and Leo Kaas, from University Library of Munich, Germany (2009)
Keywords: TFP; misallocation; sectoral shocks; collateral; reputation

Capital Misallocation and Aggregate Factor Productivity,
Costas Azariadis and Leo Kaas, from Rimini Centre for Economic Analysis (2010)
Keywords: TFP, misallocation, sectoral shocks, collateral, reputation

Risk-Adjusted Capital Allocation and Misallocation,
Joel David, Lukas Schmid and David Zeke, from Federal Reserve Bank of Chicago (2020)
Keywords: misallocation; productivity; costs of business cycles; risk premia

Can land misallocation be a greater barrier to development than capital? Evidence from manufacturing firms in Sri Lanka,
Ranpati Dewage Thilini Sumudu Kumari, Shawn Xiaoguang Chen, Bei Li and Sam Hak Kan Tang, in Economic Modelling (2023)
Keywords: Capital misallocation; Developing country; Firm-level distortion; Land misallocation; Sri Lanka; TFP;

The Global (Mis)Allocation of Capital,
Carol C. Bertaut, Stephanie E. Curcuru, Ester Faia and Pierre-Olivier Gourinchas, from Board of Governors of the Federal Reserve System (U.S.) (2024)
Keywords: Productivity; Capital allocation; capital flows

Place-based policies and capital misallocation: Evidence from Chinese cities,
Yi Cui, in Economic Systems (2024)
Keywords: Special economic zones; Capital misallocation; Place-based policy; Policy distortions; Urban Economy;

Human Capital Misallocation and Output per Worker Differences: Beyond Cobb-Douglas,
Jan Trenczek and Konstantin Wacker, from Global Labor Organization (GLO) (2023)
Keywords: Misallocation, Human Capital, Sector level, Production function, Elasticity of substitution, Total factor productivity

Analysis of the Spatial Effect of Capital Misallocation on Agricultural Output—Taking the Main Grain Producing Areas in Northeast China as an Example,
Shuai Qin, Hong Chen, Tuyen Thi Tran and Haokun Wang, in Sustainability (2022)
Keywords: capital misallocation; agricultural output; spatial spillover; Northeast China

Does Fintech development affect capital misallocation: A non-linear and spatial spillover perspective,
YiJia Lan, in Finance Research Letters (2024)
Keywords: Fintech; Capital misallocation; Nonlinear; Spatial spillovers; Spatial econometrics;

Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Planet-Level Data,
Matthias Kehrig and Nicolas Vincent, from CESifo (2017)
Keywords: misallocation, productivity dispersion, multi-plants firms, internal capital markets

Do Firms Mitigate or Magnify Capital Misallocation? Evidence from Plant-Level Data,
Matthias Kehrig and Nicolas Vincent, from U.S. Census Bureau, Center for Economic Studies (2017)
Keywords: Misallocation, Productivity Dispersion, Multi-Plants Firms, Internal Capital Markets.

Capital Misallocation during the Great Recession,
Alessandro Di Nola, from University Library of Munich, Germany (2015)
Keywords: Financing constraints, misallocation, heterogeneous firms, incomplete markets, idiosyncratic shocks.

Dividend Taxes and the Allocation of Capital,
Charles Boissel and Adrien Matray, from C.E.P.R. Discussion Papers (2022)
Keywords: Corporate taxes; Capital misallocation

Capital Misallocation and Secular Stagnation,
Andrea Caggese and Ander Pérez-Orive, from Board of Governors of the Federal Reserve System (U.S.) (2017)
Keywords: Borrowing Constraints; Capital Reallocation; Intangible Capital; Secular Stagnation

Capital misallocation and secular stagnation,
Andrea Caggese and Ander Pérez-Orive, from Department of Economics and Business, Universitat Pompeu Fabra (2019)
Keywords: Intangible capital, borrowing constraints, capital reallocation, secular stagnation

Capital Misallocation and Secular Stagnation,
Ander Pérez Orive and Andrea Caggese, from Barcelona School of Economics (2019)
Keywords: Borrowing constraints, secular stagnation, capital reallocation, intangible capital

Human Capital Misallocation, TFP, and Redistributive Policies,
Debasis Bandyopadhyay, Ian King and Xueli Tang, from University of Queensland, School of Economics (2017)
Keywords: heterogeneous agents, misallocation, TFP, redistribution

Human capital misallocation, redistributive policies, and TFP,
Debasis Bandyopadhyay, Ian King and Xueli Tang, in Journal of Macroeconomics (2019)
Keywords: Heterogeneous agents; Misallocation; TFP; Redistribution;

Capital Misallocation, Agricultural Subsidies and Productivity: A European Perspective,
Bruno Morando and Carol Newman, from Trinity College Dublin, Economics Department (2021)
Keywords: Resource misallocation, productivity, subsidies, agriculture

Market frictions, misallocation of talent and development,
Fernando Barros Jr and Bruno Delalilbera, in Economics Bulletin (2018)
Keywords: Labor Misallocation, Human Capital, Occupation Choice

Capital budgeting, uncertainty, and misallocation,
Ben Charoenwong, Yosuke Kimura, Alan Kwan and Eugene Tan, in Journal of Financial Economics (2024)
Keywords: Corporate investment; Expectations; Formation; Intangible capital; Information; Learning;

Misallocation, Informality, and Human Capital,
Hernan J. Moscoso-Boedo and Pablo N. D’Erasmo, from University of Virginia, Department of Economics (2012)
Keywords: Financial Structure, Informal Sector, Productivity, Policy Distortions, Human Capital.

Risk-Adjusted Capital Allocation and Misallocation,
Lukas Schmid, Joel David and David Zeke, from C.E.P.R. Discussion Papers (2018)
Keywords: Misallocation; Costs of business cycles; Cross-section of returns; Time-varying risk premia

Natural Resources and Global Misallocation,
Alexander Monge-Naranjo, Juan Sanchez and Raul Santaeulalia-Llopis, from Federal Reserve Bank of St. Louis (2015)
Keywords: Natural Resources; Factor Shares; Misallocation; Investment; Capital Flows; Human Capital

Service Matters: Capital Misallocation and Sectoral Economic Growth,
Woo Jin Choi and Woo Jin Roh, in KDI Journal of Economic Policy (2023)
Keywords: Resource Misallocation, Firm-level Data, Sectoral Growth

Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy,
Beatriz González, Galo Nuño Barrau, Dominik Thaler and Silvia Albrizio, from CESifo (2021)
Keywords: monetary policy, firm heterogeneity, financial frictions, misallocation

Firm heterogeneity, capital misallocation and optimal monetary policy,
Beatriz González, Galo Nuño Barrau, Dominik Thaler and Silvia Albrizio, from Banco de España (2021)
Keywords: Monetary policy, firm heterogeneity, financial frictions, misallocation

A tale of two margins: monetary policy and capital misallocation,
Silvia Albrizio, Beatriz González and Dmitry Khametshin, from Banco de España (2023)
Keywords: monetary policy, financial frictions, investment, misallocation, productivity

Credit Misallocation During the European Financial Crisis,
Fabiano Schivardi, Guido Tabellini and Enrico Sette, from C.E.P.R. Discussion Papers (2017)
Keywords: Bank capitalization; Zombie lending; Capital misallocation

Credit Misallocation During the European Financial Crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy (2017)
Keywords: Bank capitalization, zombie lending, capital misallocation

Credit Misallocation During the European Financial Crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from Luiss Institute for European Analysis and Policy (2017)
Keywords: Bank capitalization; zombie lending; capital misallocation

Labor Earnings, Misallocation, and the Returns to Education in Mexico,
Luis Lopez-Calva and Santiago Levy Algazi, from Inter-American Development Bank (2016)
Keywords: Earnings, Misallocation, Returns to education, Human capital

Credit Misallocation During the European Financial Crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from CESifo (2017)
Keywords: bank capitalization, zombie lending, capital misallocation

Credit Misallocation During the European Financial Crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from Dipartimento di Economia e Finanza, LUISS Guido Carli (2018)
Keywords: Bank capitalization, zombie lending, capital misallocation

Credit constraints and taxes: misallocation in a two-sector economy,
Julia Passabom Araujo, from University of São Paulo (FEA-USP) (2016)
Keywords: Capital intensity; credit frictions; taxation; entrepreneurship; misallocation

Techniques Choice, Misallocation and Total Factor Productivity,
Burak Uras and Ping Wang, from Tilburg University, Center for Economic Research (2014)
Keywords: Capital and Technique Misallocation; Production Flexibility; Aggregate Productivity

Credit misallocation during the European financial crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from Bank for International Settlements (2017)
Keywords: bank capitalization, zombie lending, capital misallocation

Credit misallocation during the European financial crisis,
Fabiano Schivardi, Enrico Sette and Guido Tabellini, from Bank of Italy, Economic Research and International Relations Area (2017)
Keywords: Bank capitalization, zombie lending, capital misallocation

Female entrepreneurship, financial frictions and capital misallocation in the US,
Marta Morazzoni and Andrea Sy, in Journal of Monetary Economics (2022)
Keywords: Entrepreneurship; Misallocation; Aggregate productivity; Gender gaps; Financial constraints;

Adverse selection, slow-moving capital, and misallocation,
William Fuchs, Brett Green and Dimitris Papanikolaou, in Journal of Financial Economics (2016)
Keywords: Misallocation; Adverse selection; General equilibrium; Convex adjustment costs;

Dynamic Tax Evasion and Capital Misallocation in General Equilibrium,
Francesco Menoncin, Andrea Modena and Luca Regis, from University of Bonn and University of Mannheim, Germany (2023)
Keywords: dynamic tax evasion, financial frictions, general equilibrium, misallocation

Female Entrepreneurship, Financial Frictions and Capital Misallocation in the US,
Marta Morazzoni and Andrea Sy, from Barcelona School of Economics (2021)
Keywords: Financial constraints, gender differences, entrepreneurship, misallocation, aggregate productivity

Dynamic Tax Evasion and Capital Misallocation in General Equilibrium,
Francesco Menoncin, Andrea Modena and Luca Regis, from Collegio Carlo Alberto (2022)
Keywords: Dynamic Tax Evasion; Financial Frictions; General Equilibrium; Misallocation

Multi-establishment firms, misallocation, and productivity,
Xican Xi, in Journal of Economic Dynamics and Control (2023)
Keywords: Misallocation; Technology capital; Multi-establishment firms; Aggregate productivity;

Capital (Mis)Allocation and Incentive Misalignment,
Alexander Schramm, Alexander Schwemmer and Jan Schymik, from University of Bonn and University of Mannheim, Germany (2021)
Keywords: Corporate investment; Firm dynamics; Capital reallocation; Short-term incentives

Capital misallocation and credit constraints: Theory and evidence from natural,
Yanos Zylberberg, from HAL (2011)
Keywords: Natural disasters,credit constraints,resources misallocation

Capital misallocation and credit constraints: Theory and evidence from natural,
Yanos Zylberberg, from HAL (2011)
Keywords: Natural disasters,credit constraints,resources misallocation

A Tale of Two Margins: Monetary Policy and Capital Misallocation,
Silvia Albrizio, Beatriz Gonzalez and Dmitry Khametshin, from International Monetary Fund (2024)
Keywords: monetary policy; financial frictions; investment; misallocation; productivity; monetary policy easing; effects of monetary policy; monetary policy shock; B monetary policy; MRPK firm; Monetary expansion; Monetary stance; Unemployment rate; Global

Misallocation Under Trade Liberalization,
Keyu Jin, from C.E.P.R. Discussion Papers (2019)
Keywords: Capital and labor wedges; Misallocation; Trade liberalization; Gains from trade; Industrial policy

Regulation with Externalities and Misallocation in General Equilibrium,
Christopher Clayton and Andreas Schaab, from Toulouse School of Economics (TSE) (2023)
Keywords: Misallocation; regulatory arbitrage; unregulated finance; macroprudential regulation; capital flows; capital controls; pecuniary externalities

Misallocation or Mismeasurement?,
Mark Bils, Peter J. Klenow and Cian Ruane, in Journal of Monetary Economics (2021)
Keywords: Misallocation; Measurement error; Productivity;

Capital regulation and credit fluctuations,
Hans Gersbach and Jean Rochet, in Journal of Monetary Economics (2017)
Keywords: Credit fluctuations; Macroprudential regulation; Sectoral misallocation of capital;

Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa,
Sørensen, Bent E and Kalemli-Özcan, Sebnem, from C.E.P.R. Discussion Papers (2014)
Keywords: Financing obstacles; Firms; Investor rights; Marginal product of capital; Misallocation

Capital Allocation and Productivity in South Europe,
Kalemli-Özcan, Sebnem, Loukas Karabarbounis, Gita Gopinath and Carolina Villegas-Sanchez, from C.E.P.R. Discussion Papers (2015)
Keywords: Capital flows; Dispersion; Europe; Misallocation; Productivity

Wages, Human Capital, and Structural Transformation,
Berthold Herrendorf and Todd Schoellman, from CESifo (2017)
Keywords: human capital gaps, misallocation of labor, wage gaps

Capital Allocation and Productivity in South Europe,
Gita Gopinath, Sebnem Kalemli-Ozcan, Loukas Karabarbounis and Carolina Villegas-Sanchez, from Federal Reserve Bank of Minneapolis (2015)
Keywords: Misallocation; Productivity; Dispersion; Capital flows; Europe

Revisiting the real exchange rate misalignment-economic growth nexus via the across-sector misallocation channel,
Claire Giordano, from Bank of Italy, Economic Research and International Relations Area (2022)
Keywords: external imbalances, real effective exchange rate misalignments, labour misallocation, capital misallocation, economic development

Technology Adoption, Capital Deepening, and International Productivity Differences,
Chaoran Chen, from University of Toronto, Department of Economics (2017)
Keywords: Agricultural Productivity, Technology Adoption, Capital Intensity, Misallocation.

Assessing capital allocation efficiency under environmental regulation,
Ting Wang, Jian Tang, Xiao Wang and Qiankun He, in Finance Research Letters (2024)
Keywords: Capital misallocation; Environmental regulation; Carbon emissions trading;

Symposium on Misallocation and Structural Transformation: Introduction,
Tasso Adamopoulos and Diego Restuccia, from University of Toronto, Department of Economics (2024)
Keywords: Productivity, misallocation, structural transformation, employment, human capital, business dynamism, firm size, migration.

Persistent Misallocation and the Productivity Slowdown in EU,
Shalini Mitra, from University of Liverpool, Department of Economics (2018)
Keywords: capital misallocation, financial constraints, heterogenous firms, productivity slowdown, aggregate productivity, EU

Capital Reallocation,
Andrea L. Eisfeldt and Yu Shi, in Annual Review of Financial Economics (2018)
Keywords: capital reallocation, capital liquidity, investment, business cycles, misallocation, financial frictions

Environmental Regulation, Resource Misallocation and Industrial Total Factor Productivity: A Spatial Empirical Study Based on China’s Provincial Panel Data,
Xu Dong, Yali Yang, Xiaomeng Zhao, Yingjie Feng and Chenguang Liu, in Sustainability (2021)
Keywords: environmental regulation; industrial total factor productivity; capital misallocation; labor misallocation; spatial durbin model; resource reallocation effects

Misallocation of talent and human capital: Political economy analysis,
Mark Gradstein, in European Economic Review (2019)
Keywords: Talent mismatch; Group bias; Human capital; Political enfranchisement;

Misallocation, informality, and human capital: Understanding the role of institutions,
D׳Erasmo, Pablo N., Hernan Moscoso Boedo and Asli Senkal, in Journal of Economic Dynamics and Control (2014)
Keywords: Financial structure; Informal sector; Productivity; Policy distortions; Human capital;