Corporate debt structureBank lendingBond issuanceThis paper evaluates and compares the effects of conventional and unconventional monetary policies on the corporate debt structure in the United States. It does so by using a vector autoregression in which policy shocks are identified through high-frequency...
Central Bank Talk and Monetary Policy : Remarks at the Corporate Luncheon, The Japan Society, New York, New York This is a comment on Monetary Policy and Corporate Default in this volume. The optimal response of monetary policy to financial market movements is not we... B Bernanke 被引量:...
This is the second time this month that the PBOC governor released positive policy signals after saying at a meeting held by the International Monetary Fund in Morocco last week that in the next step, the dual function of monetary policy tools’ total amount and structure will be exploited to ...
【The Impact of Monetary Policy Uncertainty on Corporate Financialization—Evidence from China】 #论文# #企业金融化# #货币政策# #金融资产# It is important to examine the impact of monetary poli...
Comprehensive and meticulously documented facts about monetary policy. Learn about the Federal Reserve, inflation, exchange rates, the gold standard, and more. For example: • Who Owns the Fed? • Causes of Inflation • Exchange Rates • Measures of Inflation • The Gold Standard • Qua...
Does the cost of private debt respond to monetary policy? Heteroskedasticity-based identification in a model with regimes We investigate the effects of the Federal Reserve's quantitative easing and maturity extension programs on the yields of US dollar-denominated corporate bo... M Guidolin,V Massag...
Specifically, we test whether the transmission mechanism of China’s monetary policy is effective. First, we explore corporate investment inefficiency and analyze corporate investment behaviors. Then, we investigate how corporate investment responds to monetary policy; that is, the effectiveness of the ...
Related to Tight Monetary Policy:Accommodative monetary policy,Loose Monetary Policy ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1. tight money- the economic condition in which credit is difficult to secure and interest rates are high ...
the size of the loan is not sensitive to monetary policy.If banks own larger scale,higher level of liquidity and capital adequacy ratio,the loan size will not be sensitive to monetary policy.State-owned commercial banks and non-state-owned commercial banks play different roles in monetary ...
It pursued a sound monetary policy in a flexible, moderate, precise, and effective manner, and strengthened counter-cyclical adjustments, thereby creating a favorable monetary and financial environment for social and economic development. First, money and credit maintained reasonable growth. The PBOC ...