Article | American Economic Review | September 1996

Capital Market Imperfections and Countercyclical Markups: Theory and Evidence

by Judith A. Chevalier and David S. Scharfstein

Keywords: Capital; Markets; Theory;

Citation:

Chevalier, Judith A., and David S. Scharfstein. "Capital Market Imperfections and Countercyclical Markups: Theory and Evidence." American Economic Review 86, no. 4 (September 1996): 703–725.