Firm Quality Dynamics and the Slippery Slope of Credit Intervention
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https://www.nber.org/papers/w33796
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资源简介:
A salient trend in crisis intervention has emerged in recent decades: Government and central banks offered funding directly to nonfinancial firms, bypassing banks and other credit intermediaries. We analyze the long-term consequences of such policies by focusing on firm quality dynamics. In a
提供机构:
美国国家经济研究局
创建时间:
2025-05-01



