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Capital flows and the risk-taking channel of monetary policy
Bank leverage monetary policy capital fl ows risk-taking channel
2014/3/18
We study the dynamics linking monetary policy with bank leverage and show that adjustments
in leverage act as the linchpin in the monetary transmission mechanism that works through fluctuations...
Liberal Returns Policy: Communication and Performance of the Marketing Channel
liberal returns policy communication channel
2009/5/7
The performance of a marketing channel depends on its information structure. It is high when both manufacturer and retailers have accurate information about demand conditions. Accordingly, in the case...