Commercial paper, corporate finance, and the business cycle: a microeconomic perspective

Charles W. Calomiris1, Charles P. Himmelberg2, Paul Wachtel3
1University of Illinois, Urbana-Champaign, Champaign, IL 61820 National Bureau of Economic Research USA
2Stern School of Business, New York University, New York, NY 10012 Graduate School of Business, University of Chicago USA
3Stern School of Business, New York University, New York, NY 10012, USA

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