The resource reallocation effect of monetary policy

Keyphrases

• Reallocation Effect 100%
• Monetary Policy Effects 100%
• Resource Reallocation 100%
• Resource Accumulation 50%
• China 50%
• Adverse Effects 50%
• Private Firms 50%
• High Leverage 50%
• Intensive Margin 50%
• Firm Dynamics 50%
• Chinese Firm-level Data 50%
• Borrowing Constraints 50%
• Monetary Shocks 50%
• Monetary Policy Changes 50%
• Heterogeneous Response 50%
• Fiscal Stimulus 50%
• Monetary Policy Shocks 50%
• Monetary Expansion 50%
• Leverage Ratio 50%
• Congestion Effect 50%
• Expansionary Monetary Policy 50%
• Net Worth 50%

Economics, Econometrics and Finance

• Monetary Policy 100%
• Allocation 100%
• Firm-Level Data 25%
• Capital Structure 25%
• Countercyclical Fiscal Policy 25%