Corporate Commercial Credit Resistance Currency Research on the Function of Policy Shock
نویسندگان
چکیده
Monetary policy can affect the operation of physical enterprises through monetary and credit channels. As a supplement to external credit, corporate commercial effectively smooth out impact on play "stabilizer" role. Based data listed companies in Shanghai Shenzhen from 2007 2021, this paper empirically studies government's Catabolism effect tendency "move away reality emptiness". The research results found that there is significant negative correlation between tightness scale credit; shift emptiness will alienate function as against policy; In addition, state-owned are more capable amplifying positive role resisting shocks compared private enterprises. Related enriches scope microeconomics, providing decision-making references for governments improve effectiveness flexibly use channels business stability.
منابع مشابه
Currency dependence of corporate credit spreads
Many pricing and risk management models need credit spread curves as an input. Given the small number of bonds outstanding per issuer the estimation of credit spread curves is not trivial in the corporate bond market. To ensure a sufficient number of bonds for the estimation procedure in many cases bonds in different currencies have to be used which implies that the estimation procedure has to ...
متن کاملEmpirical Research on Corporate Credit- Ratings: A Literature Review
We report on the current state and important older findings of empirical studies on corporate credit ratings and their relationship to ratings of other entities. Specifically, we consider the results of three lines of research: The correlation of credit ratings and corporate default, the influence of ratings on capital markets, and the determinants of credit ratings and rating changes. Results ...
متن کاملCorporate Currency Hedging and Currency Crises
We examine the impact of corporate currency hedging on economic stability by introducing hedging activity in a Mundell-Fleming-Tobin framework for analyzing currency and financial crises. The ratio between hedged and unhedged firms is modelled depending on firm size as well as hedging costs. The results indicate that, with an increasing fraction of hedged firms in an economy, the magnitude of a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Frontiers in business, economics and management
سال: 2023
ISSN: ['2766-824X']
DOI: https://doi.org/10.54097/fbem.v10i1.10381