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Firms’ investment, Real estate prices, Collateral channel, Financial constraints
firms' investment, real estate prices, collateral channel, financial contraints
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Collateral channel, Financial constraints, Firms' investment, Real estate prices
housing bubble; housing credit; housing demand; housing supply; time-varying VAR; stochastic volatility
Financial shocks; Labor market frictions
financial shocks, labor market frictions
Corporate real estate; Firms' relocation; Adjustment costs; Misallocation of resources