The Anatomy of the Transmission of Macroprudential Policies
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https://www.nber.org/papers/w27292
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资源简介：
We analyze how regulatory constraints on household leveragein the form of loan-to-income and loan-to-value limitsaffect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits. Supervisory loan level data suggest that mortgage credit is
提供机构：
美国国家经济研究局
创建时间：
2020-06-01
