Increasingly sophisticated machinery, short product life-cycles, and demanding user requirements have increased competition in the machine tool market. Because all machine tool companies have limited resources, they must seek competitive advantages. Strategic collaborations have become...

This paper investigates whether distributional effect arising from the impact of monetary policy on bank credits will be different when monetary policy is asymmetric. Methodologically, we use a set of high frequency panel data for Taiwan commercial banks and adopt Arellano and Bond's (1991)...