Journal Article
Monetary policy and firm entry and exit
Abstract: Yoonsoo Lee and Willem Van Zandweghe find unusually accommodative monetary policy reduces the reallocation of capital and workers from exiting firms to new ones, potentially slowing productivity growth.
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https://www.kansascityfed.org/~/media/files/publicat/research/macrobulletins/mb15vanzandweghe0820.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Macro Bulletin
Publication Date: 2015-08-20
Pages: 1-3