The impact of quantitative easing (QE) on the cost of debt in project finance investments
Roberto Moro Visconti
Public Money & Management, 2016, vol. 36, issue 2, 129-135
Abstract:
Recession-driven low inflation and high spreads have increased the cost of debt in public sector project finance investments, therefore reducing private sector profits and bankability. This paper investigates the impact of quantitative easing by central banks, showing that it can stimulate economic growth producing shared public and private benefits.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:36:y:2016:i:2:p:129-135
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DOI: 10.1080/09540962.2016.1118937
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