The Cost Channel of Monetary Transmission
收藏NBER2000-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7675
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This paper presents evidence that the cost channel' may be an important part of the monetary transmission mechanism. We argue that if working capital is an essential component of production and distribution, monetary contractions can affect output through a supply channel as well as the traditional
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美国国家经济研究局创建时间：
2000-04-01
