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new evidence on the microeconomic effects of monetary policy in a small open economy (i.e. Malaysia) in two dimensions …
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This study examines the effects of monetary policy on firms’ balance sheet, with a particular focus on the effects upon the firms’ fixed-investment spending. It uses a dynamic panel system GMM estimation proposed by Blundell and Bond (1998). The focal point has given to the two main channels...
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We propose the use of stochastic frontier approach to modelling financial constraints of firms. The main advantage of the stochastic frontier approach over the stylised approaches that use pooled OLS or fixed effects panel regression models is that we can not only decide whether or not the...
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persistence in these outcomes is the same for every individual. Understanding the extent and drivers of heterogeneity in … overall long-run effects of such interventions. This paper explores individual-level heterogeneity in the persistence of … health outcomes. Using simple regression methods that do not place any restriction on the distribution of the heterogeneity …
Persistent link: https://www.econbiz.de/10014567570
drivers of local house price dynamics and examine the potential heterogeneity of housing-related macroprudential policy … furthermore increase in hot housing markets. Our findings shed more light on the geographical heterogeneity of national …
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