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Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms

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NBER1991-11-01 更新2025-01-04 收录
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We present evidence on the cyclical behavior of small versus large manufacturing firms, and on the response of the two classes of firms to monetary policy. Our goal is to take a step toward quantifying the role of credit market imperfections in the business cycle and in the monetary transmission

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1991-11-01
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