Firm-Level Data and Monetary Policy : The Case of a Middle Income Country /
We test the existence of the balance sheet channel of monetary policy in a middle-income country. Firm-level data scarcity and quality, in such a context, make the identification of this channel a steep challenge. To circumvent this challenge, we use panel instrumental variables estimation with meas...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2019.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2019/239 |
| Accès en ligne: | Full text available on IMF |