five

Q-Monetary Transmission

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NBER2022-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w30023
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资源简介:
We study the effects of monetary-policy-induced changes in Tobin's q on corporate investment and capital structure. We develop a theory of the mechanism, provide empirical evidence, evaluate the ability of the quantitative theory to match the evidence, and quantify the relevance for monetary
创建时间:
2022-05-01
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