D22 - Firm Behavior: Empirical Analysis - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T22:39:04+00:00Corporate investment and monetary policy transmission in Canada
https://www.bankofcanada.ca/2020/11/staff-analytical-note-2020-26/
Unexpected changes in interest rates lead small firms to materially change their investment rate. Large firms, in contrast, show a smaller response. This suggests both that financial conditions are an important channel for transmitting monetary policy and that firm characteristics can help us better understand fluctuations in business investment.2020-11-02T15:00:35+00:00enCorporate investment and monetary policy transmission in Canada2020-11-02