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Money, credit and investment in UK corporate sector Author info | Abstract | Publisher info | Download info | Related research | Statistics Andrew Brigden
Paul Mizen
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This paper investigates the interactions between investment, money holding and bank borrowing by private non-financial corporations (PNFCs). Long-run relationships are identified for investment, money and borrowing, and the dynamics indicate the existence of feedbacks from money and credit disequilibria onto investment. The results are considered to be consistent with the existence of a credit channel.
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Paper provided by Bank of England in its series Bank of England working papers with number
100.
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Handle: RePEc:boe:boeewp:100Contact details of provider: Postal: Publications Group Bank of England Threadneedle Street London EC2R 8AH Phone: +44 (0)171 601 4030 Fax: +44 (0)171 601 5196 Email: Web page: http://www.bankofengland.co.uk/ More information through EDIRC
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Shamik Dhar & Darren Pain & Ryland Thomas, .
"A small structural empirical model of the UK monetary transmission mechanism ,"
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Ursel Baumann & Glenn Hoggarth & Darren Pain, .
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Bank of England working papers
274, Bank of England.
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K Alec Chrystal & Paul Mizen, .
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Eleni Angelopoulou & Heather D. Gibson, 2007.
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53, Bank of Greece.
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K Alec Chrystal & Paul Mizen, .
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José Manuel Marqués & Fernando Nieto & Ana del Río, 2005.
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[Downloadable!]
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