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The distortionary effects of central bank direct lending on firm quality dynamics
Li, Wenhao; Li, Ye - 2020
Crises have cleansing effects: Low-quality firms face greater financial shortfalls and invest less than high-quality firms. Public liquidity support preserves the overall production capacity. However, by dampening the cleansing effects, it distorts the quality distribution and reduces the total...
Persistent link: https://www.econbiz.de/10012388390
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The macroeconomic effects of government asset purchases : evidence from postwar US housing credit policy
Fieldhouse, Andrew; Mertens, Karel; Ravn, Morten O. - 2017
Persistent link: https://www.econbiz.de/10012171921
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The effectiveness of credit policy : evidence from the Republic of Korea
Lee, Jiho - In: Asian development review 36 (2019) 1, pp. 206-224
Persistent link: https://www.econbiz.de/10012038902
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Asymmetric shocks in a currency union : the role of central bank collateral policy
Koulischer, François - 2015
Persistent link: https://www.econbiz.de/10011305214
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De-dollarization of credit in Peru : the role of unconventional monetary policy tools
Castillo B., Paul; Vega, Hugo; Serrano, Enrique; Burga, … - 2016
Persistent link: https://www.econbiz.de/10011503893
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The effect of interest rate controls in other countries
2004
Persistent link: https://www.econbiz.de/10002776857
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The radical change of French firms' financial characteristics : macroeconomic consequences and lessons for political economics : die Folgen für die Finanzstruktur der Unternehmen
Cieply, Sylvie - In: Jahrbücher für Nationalökonomie und Statistik 221 (2001) 5/6, pp. 556-576
Persistent link: https://www.econbiz.de/10001620415
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Liquidity, interest rates and optimal monetary policy
Hörmann, Markus - 2011
Persistent link: https://www.econbiz.de/10009152716
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Conventional and unconventional monetary policy with endogenous collateral constraints
Araújo, Aloisio Pessoa de; Schommer, Susan; Woodford, … - In: American economic journal : a journal of the American … 7 (2015) 1, pp. 1-43
Persistent link: https://www.econbiz.de/10010517121