Jansen, Dennis W.; Kishan, Ruby P.; Vacaflores, Diego E. - In: Southern Economic Journal 79 (2013) 4, pp. 946-970
This article examines the impact of monetary policy on net sales of publicly traded firms in various sectors of the U.S. economy. We find that monetary policy has a heterogeneous effect on firms in different industries, with the strongest effect on firms in Retail and Wholesaling. Balance sheet...