Mortgage Debt and Time-Varying Monetary Policy Transmission
We study the role of monetary policy for the dynamics of U.S. mortgage debt, which is the largest component of household indebtedness. A timevarying parameter VAR model allows us to study the variation in the mortgage debt sensitivity to monetary policy. We find that an identically-sized policy sho...
Saved in:
| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 09-2018) |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2018
|
| Subjects: | |
| Online Access: | PDF Full Text |
| Tags: |
No Tags, Be the first to tag this record!
|
No citations were found for this record.