Forthcoming in JPE: How corporate trade credit can help fortify supply chains during disruptions

Thursday, July 16, 2020

Robert M. Townsend, together with co-authors Niklas Amberg, (link is external) Tor Jacobson, (link is external)and Erik von Schedvin, (link is external) will publish a new paper in a forthcoming issue of Journal of Political Economy that investigates the role liquidity and trade credits can play throughout supply chains. “Curbing Shocks to Corporate Liquidity: The Role of Trade Credit” has important implications for understanding how corporations might be affected – and recover – from COVID-triggered interruptions.

Read more: Professor Townsend shares key takeaways from this paper in this Q & A.