{"title":"The Impact of Quantitative Easing on the Cost of Debt in Project Finance Investments","authors":"Roberto Moro Visconti","doi":"10.2139/ssrn.2727899","DOIUrl":null,"url":null,"abstract":"Recession-driven low inflation and high spreads affect the cost of debt in project finance investments, increasing its real burden and so reducing private profits and bankability. This paper investigates the Keynesian impact of quantitative easing, which stimulates economic growth producing shared public and private benefits.","PeriodicalId":127579,"journal":{"name":"ERN: Keynes; Keynesian; Post-Keynesian (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2016-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Keynes; Keynesian; Post-Keynesian (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2727899","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Recession-driven low inflation and high spreads affect the cost of debt in project finance investments, increasing its real burden and so reducing private profits and bankability. This paper investigates the Keynesian impact of quantitative easing, which stimulates economic growth producing shared public and private benefits.