Q-Monetary Transmission
研究了货币政策通过影响托宾Q进而改变企业投资和资本结构的机制，提供了实证证据，并用定量理论评估其与证据的匹配程度，量化了对总投资的传导效果。
We study the effects of monetary policy–induced changes in Tobin’s q on corporate investment and capital structure. We develop a theory of the mechanism, provide empirical evidence, evaluate the ability of the quantitative theory to match the evidence, and quantify the relevance for monetary transmission to aggregate investment.