Regional Heterogeneity and Monetary Policy
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23270
下载链接
链接失效反馈官方服务：
资源简介：
We argue that the time-varying regional distribution of housing equity influences the aggregate consequences of monetary policy through its effects on mortgage refinancing. Using detailed loan-level data, we show that regional differences in housing equity affect refinancing and spending responses
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
