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Monetary policy and corporate productivity in emerging markets
Results show that contractionary shocks significantly reduce productivity, especially for firms with high financial frictions, low market power, younger age, or those in vulnerable sectors like services. These firms face deeper, longer-lasting losses. Notably, expansionary shocks do not produce equivalent productivity gains. The authors highlight that tightening monetary policy in environments where firms face significant financial frictions can worsen productivity slowdowns. They note the importance of improving access to credit for small and financially constrained firms.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| ADB Repository Online | 0 |
| Penerbit | Manila: ADB 2025 |
|---|---|
| Edisi | - |
| Subjek | Economics |
| ISBN/ISSN | 23136545 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 20 p. |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |