 | Trade Credit and the Effect of Macro-Financial Shocks : Evidence From U.S. Panel Data Author/Editor: Yungsan Kim, Woon Gyu Choi. Release Date:June, 2003 Many studies examine why firms are financed by their suppliers, but few empirical studies look at the macroeconomic implications of such financial arrangements. Using disaggregated panel data, we more...
| Price: $15.00
|
| Monetary Policy and Corporate Liquid Asset Demand Author/Editor: Woon Gyu Choi, Yungsan Kim. Release Date:November, 2001 In contrast to conventional money demand literature, this paper proposes that monetary policy affects corporate liquidity demand directly through a separate channel-what we call the loan commitment more...
| Price: $15.00
|
| Has Inventory Investment Been Liquidity-Constrained? Evidence From U.S. Panel Data Author/Editor: Yungsan Kim, Woon Gyu Choi. Release Date:August, 2001 Based on an analysis of high-frequency panel data for U.S. firms, this paper finds that inventory investment has been liquidity-constrained in most periods during 1975-97, but less so, or not at all, more...
| Price: $15.00
|
|
Help