@article{davilakorinek2018pecuniary,
  title={Pecuniary Externalities in Economies with Financial Frictions},
  author={D{\'a}vila, Eduardo and Korinek, Anton},
  journal={The Review of Economic Studies},
  volume={85},
  number={1},
  pages={352--395},
  year={2018},
  publisher={Oxford University Press}
}