How did Belgian firms benefit from three decades of declining interest rates?

Ch. Piette and J. Tielens
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Ch. Piette: NBB
J. Tielens: NBB

Economic Review, 2023, 1-26

Abstract: Declining interest rates led to lower financing costs, stronger equity positions and more comfortable cash buffers for companies but not to a significant rise in business investment rates.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2023:m:november1

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