Plausibly Exogenous [1764] - Liquidity Shocks (12/01/2024)

LHS Variable
Real economy

RHS Variable
Liquidity shocks

Source of Exogenous Variation
Natural disasters experienced by insurers as shocks to capital‐market liquidity

- Liu, Rossi, and Yun (2023), “Insurance Companies and the Propagation of Liquidity Shocks to the Real Economy”