arrow
返回

Q-Monetary Transmission

delete2024-03-01
delete0
PRE
AI
P
Priit Jeenas *
R
Ricardo Lagos
DOI:10.1086/726904delete
delete原文链接
delete原文求助
delete分享
delete收藏
摘要

摘要

En 中文
We study the effects of monetary policy-induced changes in Tobin's q on corporate investment and capital structure. We develop a theory of the mechanism, provide empirical evidence, evaluate the ability of the quantitative theory to match the evidence, and quantify the relevance for monetary transmission to aggregate investment.
Keyword:
STOCK-MARKET
CAPITAL STRUCTURE
POLICY SURPRISES
INTEREST-RATES
INVESTMENT
LIQUIDITY
COSTS
FIRMS

期刊

Journal of Political Economy 封面图
Journal of Political Economy
IF:
6.3
论文数:
2.6K
被引数:
3.2W

机构

Barcelona School of Economics 封面图
Barcelona School of Economics
学者数:
126
论文数: 128
被引数: 1.1K
C
centre de recerca en economia internacional (crei)
学者数:
65
论文数: 72
被引数: 1
引用论文

引用论文

err分享
err收藏
Leaning against the wind
err2007-10-01
err121
PREAI
errWeill, Pierre-Olivier
err分享
err收藏
err分享
err收藏
Firm Financing over the Business Cycle
err2018-08-30
err67
errOAAI
errBegenau, Juliane; Salomao, Juliana
err分享
err收藏
Financial Heterogeneity and the Investment Channel of Monetary Policy
err2020-01-01
err115
errOAAI
errOttonello, Pablo; Winberry, Thomas
err分享
err收藏
学者 查看更多内容