economics_working_paper_2021_09_en.pdf
We estimate a FAVAR with Bayesian techniques in order to investigate the impact of loan supply conditions on euro area corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact restrictions. Although tightened financial conditions ha...
Γλώσσα: | English |
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Έκδοση: |
European Investment Bank
2021
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