How Quantitative Easing Works: Evidence on the Refinancing Channel
收藏数据链接:
官方服务:
资源简介:
Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a
提供机构:
美国国家经济研究局创建时间:
2016-09-01



