Not logged in.

Contribution Details

Type Scientific Publication In Electronic Form
Scope Discipline-based scholarship
Title Ripple effects of monetary policy
Organization Unit
Authors
  • Emilia Garcia
  • Steven Ongena
Language
  • English
Place of Publication London
Publisher VoxEU, CEPR Policy Portal
Date 2021
Abstract Text Firms may face bottlenecks forcing them to cut activity and adjust prices when monetary tightening financially constrains their business partners. This column focuses on firms producing intermediate goods in the US to show how monetary policy can have ‘ripple effects’ along supply chains through input-output linkages involving financially constrained firms. These transmission channels of monetary policy may be especially relevant in the post-Covid context of higher corporate leverage, significant supply chain disruptions, and inflationary pressures
Free access at Official URL
Official URL https://voxeu.org/article/ripple-effects-monetary-policy
Other Identification Number merlin-id:21517
Export BibTeX
EP3 XML (ZORA)