How Long to Read Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness

How Long Does it Take to Read Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness?

It takes the average reader and 41 minutes to read Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness by Mr.Gee Hee Hong

Assuming a reading speed of 250 words per minute. Learn more

Description

How does unconventional monetary policy affect corporate capital structure and investment decisions? We study the transmission channel of quantitative easing and its potential diminishing returns on investment from a corporate finance perspective. Using a rich bank-firm matched data of Japanese firms with information on corporate debt and investment, we study how firms adjust their capital structure in response to the changes in term premia. Investment responds positively to a reduction in the term premium on average. However, there is a significant degree of cross-sectional variation in firm response: healthier firms increase capital spending and cash holdings, while financially vulnerable firms take advantage of lower long-term yields to refinance without increasing investment.

How long is Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness?

Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness by Mr.Gee Hee Hong is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness aloud.

What Reading Level is Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness?

Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness?

Zombies on the Brink: Evidence from Japan on the Reversal of Monetary Policy Effectiveness by Mr.Gee Hee Hong is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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