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...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2021/044 |
| Dostęp online: | Full text available on IMF |