Plausibly Exogenous [1123] - Interbank Market (02/27/2023)
LHS Variable
Labor market reallocation
RHS Variable
Credit shocks
Source of Exogenous Variation
Interbank market freeze in Portugal following the failure of Lehman Brothers at the end of 2008
- Acabbi, Panetti, and Sforza (2020), “The Financial Channels of Labor Rigidities: Evidence from Portugal”