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research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend … constructive framework for studying China's modern macroeconomy. …
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I study the role of firm heterogeneity for the transmission of unconventional monetary policy in the form of "credit policy" à la Gertler and Karadi (2011). To this end, I lay out a Two-Agent New-Keynesian model with financially constrained and unconstrained firms and a financial intermediary...
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This study investigates the heterogeneous effects of the green credit policy (GCP) on firms' green innovation and transformation and upgradation. Using a comprehensive dataset of companies operating in the green sector, we employ panel regression models to examine the interaction between the...
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