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reflect private information. Moreover, future market illiquidity makes current cash holding more appealing. This feedback …
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to self-insure through the hoarding of non-productive but liquid assets; (2) such a response has negative externalities …
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We provide new international evidence for a monetary policy liquidity transmission channel in the United States, United Kingdom, and the Eurozone. The central banks of these countries are, with a different degree, able to soften the economic downward spiral after an unexpected arrival of a...
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Recently, the concept of "blue finance" was introduced to the world. Blue finance envisages that ocean firms issue financial instruments to obtain funds and take necessary measures to make the ocean environment blue. To measure the blueness of a firm, we estimate the blueness index using GHG...
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