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Corporate Cash and Employment

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Figure

Table 1. Calibration Strategy
Table 2. Simulated Moments
Figure 1: Corporate Liquidity and Employment. 1980 1985 1990 1995 2000 2005 2010-6-4-20246x 10-3Liquidity/Total Assets
Figure 2: Cross-section correlation between employment and the cash ratio by year. 1985 1990 1995 2000 2005 2010-0.5-0.45-0.4-0.35-0.3-0.25-0.2-0.15-0.1-0.050Correlation coefficient
+6

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