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at spreads roughly 1 percentage point above non-recession averages. A careful splicing of different unemployment rate … have limited the role of external finance premia in amplifying the macroeconomic impact of the Covid pandemic. Nevertheless …
Persistent link: https://www.econbiz.de/10012482316
Economic policy uncertainty affects decisions of households, businesses, policy makers and Financial intermediaries. We first examine the impact of economic policy uncertainty on aggregate bank credit growth. Then we analyze commercial bank entity level data to gauge the effects of policy...
Persistent link: https://www.econbiz.de/10012456652