A note on pitfalls of credit crunch regressions

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 3
Pages: 504-507

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This note introduces an example where a typical credit crunch regression fails to detect significant effects of borrowing constraints embedded in a dynamic general equilibrium model. The failed estimation result remains robust even if the regression is based on a large sample.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:3:p:504-507
Journal Field
General
Author Count
1
Added to Database
2026-01-25