Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10003887181
Persistent link: https://www.econbiz.de/10002504581
Persistent link: https://www.econbiz.de/10010112637
Persistent link: https://www.econbiz.de/10009237965
Persistent link: https://www.econbiz.de/10008889155
Persistent link: https://www.econbiz.de/10008310529
How should monetary policy respond to changes in financial conditions? In this paper we consider a simple model where firms need internal and external funds to produce and they fail if they are not able to repay their debts. Both internal funds and firm debt are nominal assets and are...
Persistent link: https://www.econbiz.de/10011080449