The impact of quantitative easing (QE) on the cost of debt in project finance investments

被引：3
|
作者：
Visconti, Roberto Moro [1 ]
机构：
[1] Univ Cattolica Sacro Cuore, Corp Finance, I-20123 Milan, Italy
来源：
PUBLIC MONEY & MANAGEMENT | 2016年 / 36卷 / 02期
关键词：
Central banks; infrastructure finance; monetary policy; public-private partnerships (PPPs); public sector debt; quantitative easing;
D O I：
10.1080/09540962.2016.1118937
中图分类号：
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要：
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.
引用
收藏
页码：129 / 135
页数：7
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