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Data and Code For: Market Power and Monetary Transmission under Financial Constraints

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ICPSR2023-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/190549/version/V1/view
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资源简介:
There is growing evidence that corporate market power is increasing and affecting monetary policy transmission. This paper develops a partial equilibrium model that highlights the role of financial constraints in shaping the role of markups for the response of firms of monetary policy shocks. We find support for such role using a large cross-country firm-level dataset for 14 advanced economies.
提供机构:
Agence France Tresor; International Monetary Fund
创建时间:
2023-01-01
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