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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Hong, Gee Hee
מחברים אחרים: Igan, Deniz, Lee, Do
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2021.
סדרה:IMF Working Papers; Working Paper ; No. 2021/044
גישה מקוונת:Full text available on IMF