Monetary Policy and Corporate Liquid Asset Demand /
In contrast to conventional money demand literature, this paper proposes that monetary policy affects corporate liquidity demand directly through a separate channel-what we call "the loan commitment channel." Upon persistent monetary policy shocks, firms make substitutions between sources...
প্রধান লেখক: | |
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অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2001.
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মালা: | IMF Working Papers; Working Paper ;
No. 2001/177 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |