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finds that higher savings by more frugal households provide an important cushion for the fall in private investment funding. …
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Monetary responses to financial stress have recently become an important issue in macroeconomic and policy discussions in the USA as well as in the EU. In this paper, the authors study two regimes of monetary responses. While the fundamentals of an economy are assumed to have a long-run...
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corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …
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