U.S. based on a macro-financial SVAR suggests that expansionary monetary policy shocks stimulate corporate profits …

U.S. based on a macro-financial SVAR suggests that expansionary monetary policy shocks stimulate corporate profits …

, the growth of domestic (national) corporate profits, on average, has outpaced the growth of the domestic (national … of the other OECD countries increases. The underlying mechanism is fewer corporate profits being channeled into …