A Housing Portfolio Channel of QE Transmission
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下载链接：
https://www.nber.org/papers/w32211
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资源简介：
We document a housing portfolio channel of quantitative easing (QE) transmission exploiting variation in German household data in a difference-in-differences setting around QE adoption in 2015. We find that QE encourages households with larger initial bond positions to rebalance more toward second
提供机构：
美国国家经济研究局
创建时间：
2024-03-01
