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Analyses of zombie firms have emphasised the role of bank financing as the reason for zombie survival. This conclusion was made despite no comparative analysis of the sources of external finance for zombie firms. This paper provides the first analysis of that sort using Finnish data....
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We study asymmetric inflation effects of both conventional and unconventional monetary policy in the euro area during …
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This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices …
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