Mizen, Paul; Yalcin, Cihan - In: CESifo economic studies : CESifo, a joint initiative of … 52 (2006) 1, pp. 177-213
This article addresses two fundamental questions about monetary policy, credit conditions and corporate activity. First, can we relate differences in the composition of debt between tight and loose periods of monetary policy to firm characteristics like size, age, indebtedness or risk? Second,...