DP21992 Beyond the Short Run: Monetary Policy and Innovation Investment

AT A GLANCE

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This study examines how monetary policy affects innovation investment using a survey of German firms, which report an average 20% persistent reduction in innovation investment.

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Original title: DP21992 Beyond the Short Run: Monetary Policy and Innovation Investment
Source: CEPR Discussion Papers
Published: 2026.09.29 08:00 KST
Region: Europe
Topic: Monetary & finance
Academic material: Working paper
Authors: Michaela Elfsbacka-Schmöller, Olga Goldfayn-Frank, Tobias Schmidt
Paper number: DP21992
Review status: Review status unverified
First archived: 2026.10.04 12:18 KST

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