A Note on the Discriminatory Effects of Monetary Policy and the Use of Trade Credit

1977 ◽  
Vol 21 (1) ◽  
pp. 70-71
Author(s):  
Frank J. Fabozzi ◽  
Stephen Feldman
Keyword(s):  
2020 ◽  
Author(s):  
Manuel Adelino ◽  
Miguel Almeida Ferreira ◽  
Mariassunta Giannetti ◽  
Pedro M. Pires

2005 ◽  
Vol 40 (4) ◽  
pp. 897-925 ◽  
Author(s):  
Woon Gyu Choi ◽  
Yungsan Kim

AbstractUsing disaggregated panel data, we examine how firms change trade credit in response to a monetary tightening. We find that both accounts payable and accounts receivable increase with tighter monetary policy, implying that trade credit helps firms absorb the effect of a credit contraction. Further, both S&P 500 firms and a comparison group of smaller firms increase net trade credit (accounts receivable minus payable), making up for the reduced liquidity associated with tighter policy. However, we find no evidence that large firms play this role more actively than smaller firms.


1964 ◽  
Vol 30 (3) ◽  
pp. 274 ◽  
Author(s):  
Paul E. Junk
Keyword(s):  

2017 ◽  
Vol 52 ◽  
pp. 39-54 ◽  
Author(s):  
María Cantero Sáiz ◽  
Sergio Sanfilippo Azofra ◽  
Begoña Torre Olmo ◽  
Carlos López Gutiérrez

2020 ◽  
Author(s):  
Manuel Adelino ◽  
Miguel Almeida Ferreira ◽  
Mariassunta Giannetti ◽  
Pedro M. Pires

Author(s):  
Santiago Carbó-Valverde ◽  
José Manuel Mansilla-Fernández ◽  
Francisco Rodríguez-Fernández
Keyword(s):  

2013 ◽  
Author(s):  
Santiago Carbo-Valverde ◽  
José Manuel Mansilla-Fernandez ◽  
Francisco Rodriguez Fernandez

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