Ber, Hedva (contributor); Blass, Asher (contributor); … - 2002 - [Elektronische Ressource]
studies, e.g., Bernanke and Blinder (1988), the short-term interest rate is
used to proxy for monetary policy. We take this …-level
investment during the sample period under consideration.
10
In other studies, “monetary
shocks” are identified through analysis ….) Nevertheless, we identify one
conspicuous “tight money event” and analyze the investment of the firms in the sample
before and …