Impact of monetary policy surprises on corporate debt composition: evidence from SET100 & MAI
This study examines the impact of monetary policy surprises (MPS) on corporate debt composition in Thailand using a Panel Vector Autoregression (PVAR) framework. The analysis covers 204 listed firms from the SET100 and MAI, excluding the financial sector, from 2007 Q1 to 2024 Q4. Monetary policy surprises are measured...