Yalcin, Cihan; Bougheas, Spiros; Mizen, Paul - In: Central Bank Review 4 (2004) 1, pp. 1-30
This paper examines the impact of monetary policy on firms' access to bank and market finance when allowance is made for differences in firm-specific characteristics. A theoretical model determines the cut-off values for project profitability that would allow firms to access bank or market...