We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit … (SOEs) over non-SOEs in credit access. Infrastructure investment driven by nonmonetary factors, however, enhanced the … monetary transmission to bank credit allocated to local government financing vehicles in infrastructure and at the same time …

We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit … access. Infrastructure investment driven by non-monetary factors, however, enhanced the monetary transmission to bank credit … allocated to LGFVs in infrastructure and at the same time weakened the impacts of monetary stimulus on bank credit to non …

We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit … access. Infrastructure investment driven by non-monetary factors, however, enhanced the monetary transmission to bank credit … allocated to LGFVs in infrastructure and at the same time weakened the impacts of monetary stimulus on bank credit to non …

We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit … access. Infrastructure investment driven by non-monetary factors, however, enhanced the monetary transmission to bank credit … allocated to LGFVs in infrastructure and at the same time weakened the impacts of monetary stimulus on bank credit to non …