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on loan and equity ownership to address the impact of the Japan-specific bank-firm relations and bank control on the …
Persistent link: https://www.econbiz.de/10010261365
We analyze the role of forward-looking indicators, like the IFO business climate indicator and asset prices, in German monetary transmission. We show that the use of both the IFO indicator and asset prices improves the performance and interpretation of a Vector AutoRegression (VAR) model of...
Persistent link: https://www.econbiz.de/10010261203