Corporate leverage and the effects of monetary policy on investment: a reconciliation of micro and macro elasticities
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- Valentin Grob & Gabriel Züllig, 2024. "Corporate leverage and the effects of monetary policy on investment: A reconciliation of micro and macro elasticities," IRENE Working Papers 24-04, IRENE Institute of Economic Research.
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More about this item
Keywords
Firm heterogeneity; State dependence; Financial frictions; General equilibrium;All these keywords.
JEL classification:
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2024-09-09 (Central Banking)
- NEP-DGE-2024-09-09 (Dynamic General Equilibrium)
- NEP-FDG-2024-09-09 (Financial Development and Growth)
- NEP-MON-2024-09-09 (Monetary Economics)
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