Financial Constraints and the Micro Origins of Aggregate Equity Shocks in Capital MarketsTobias KönigLast updated on Mar 26, 2025PDF Cite CRC TR 224 Discussion PaperCapital Markets External Equity Financing Granular Instrumental Variable Financial ConstraintsTobias KönigPost-Doctoral Researcher in EconomicsI am a postdoctoral researcher at the Institute of Finance and Statistics at the economics department of the University of Bonn and the Collaborative Research Center (CRC) TR 224.