Zombies on the Brink : Evidence from Japan on the Reversal of Monetary Policy Effectiveness /

How does unconventional monetary policy affect corporate capital structure and investment decisions? We study the transmission channel of quantitative easing and its potential diminishing returns on investment from a corporate finance perspective. Using a rich bank-firm matched data of Japanese firm...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Hong, Gee Hee
Awduron Eraill: Igan, Deniz, Lee, Do
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2021.
Cyfres:IMF Working Papers; Working Paper ; No. 2021/044
Mynediad Ar-lein:Full text available on IMF