David Lopez-Rodriguez
Biographic Data
| ID | 5734239 |
|---|---|
| NAME | David Lopez-Rodriguez |
| GIVEN NAMES | David |
| FAMILY NAME | Lopez-Rodriguez |
| SIGNATURE | LOPEZ-RODRIGUEZ D |
| AFFILIATIONS | Bank of Spain |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2024 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
House Prices and Misallocation: The Impact of the Collateral Channel on Productivity
This paper investigates the impact of local house price booms on capital misallocation within industries. Using the geographical variation provided by the Spanish housing boom (2003–7), we show that firms exposed to positive local house price shocks received more bank credit and their investment grew more when they had a higher proportion of real estate assets. This collateral channel results in an increasing dispersion of the capital-labour rati…
House Prices and Misallocation: The Impact of the Collateral Channel on Productivity
This paper investigates the impact of local house price booms on capital misallocation within industries. Using the geographical variation provided by the Spanish housing boom (2003–7), we show that firms exposed to positive local house price shocks received more bank credit and their investment grew more when they had a higher proportion of real estate assets. This collateral channel results in an increasing dispersion of the capital-labour rati…
House Prices and Misallocation: The Impact of the Collateral Channel on Productivity
This paper investigates the impact of local house price booms on capital misallocation within industries. Using the geographical variation provided by the Spanish housing boom (2003–7), we show that firms exposed to positive local house price shocks received more bank credit and their investment grew more when they had a higher proportion of real estate assets. This collateral channel results in an increasing dispersion of the capital-labour rati…
Banking stability, regulation, efficiency (1 works) · Boom (1 works) · Capital (architecture (1 works) · Collateral (1 works) · Counterfactual thinking (1 works) · Economics (1 works) · Finance (1 works) · Finance (1 works) · House price (1 works) · Housing Market and Economics (1 works)