The Last Mile of Monetary Policy: Inattention, Reminders, and the Refinancing Channel
收藏NBER2023-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31043
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资源简介：
Under-refinancing limits the transmission of accommodative monetary policy to the household sector and costs mortgage holders in many countries a significant fraction of income annually. We test whether targeted communication can reduce the attention frictions that inhibit transmission by partnering
提供机构：
美国国家经济研究局
创建时间：
2023-03-01
