The Credit Supply Channel of Monetary Policy Tightening and its Distributional Impacts
收藏NBER2023-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31464
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资源简介：
This paper studies how tightening monetary policy transmits to the economy through the mortgage market and sheds new light on the distributional consequences at both individual and regional levels. We find that credit supply factors, specifically restrictions on the debt-to-income (DTI) ratio,
提供机构：
美国国家经济研究局
创建时间：
2023-07-01
