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This paper evaluates the effect of Chinese monetary policy shocks on credit creation through the shadow banking sector … projection was then estimated, using the surprise measure as an instrument. The results give two key findings: 1) shadow credit …
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. Despite the hype, equity crowdfunding is still the smallest. Due to exemptions in legislations, Europe has been at the … start-ups can play job creation and economic growth in Europe. In this paper, we assess the potential role of equity …
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find that: bond finance dampens the overall response of firm credit to monetary policy shocks in economies with a high …
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