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Is there a cost channel of monetary policy transmission? An investigation into the pricing behaviour of 2,000 firms
Gaiotti, Eugenio
;
Secchi, Alessandro
-
Banca d'Italia
-
2004
, proportional to the amount of
working
capital
held by each firm. The channel is large enough to have non-trivial monetary policy …
Persistent link: https://www.econbiz.de/10005196845
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