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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Hong, Gee Hee
अन्य लेखक: Igan, Deniz, Lee, Do
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2021.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2021/044
ऑनलाइन पहुंच:Full text available on IMF