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February 6, 2018
Effects of Unconventional Monetary Policy on European Corporate Credit
In this paper we investigate whether the targeted longer-term refinancing operations (TLTRO) and the asset purchase program (APP) led to lower interest rates on new corporate credit, and whether the signalling channel and the capital relief channel played any role in the transmission of these ECB policies. →
January 18, 2018
Firm heterogeneity and exports in the Netherlands: Identifying export potential
According to the Melitz (2003) model, potential exporters have to be sufficiently productive to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export. However, empirical evidence indicates that a substantial share of high-productive firms do not export. →
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Authors
- Gerdien Meijerink (4)
- Harro van Heuvelen (2)
- Hugo Rojas-Romagosa (2)
- Johannes Bollen (2)
- Leon Bettendorf (2)
- Rob Euwals (2)
- Adam Elbourne (1)
- Andrei Dubovik (1)
- Ernest Berkhout (1)
- Jos Ebregt (1)
- Kan Ji (1)
- Katharina Ziegler (1)
- Machiel van Dijk (1)
- Maurits van Kempen (1)
- Peter Zwaneveld (1)
- Raoul van Maarseveen (1)
- Sem Duijndam (1)
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