House prices, the distribution of household debt and the refinancing channel of monetary policy

DOI10.1016/J.ECONLET.2022.110280zbMath1484.91294OpenAlexW4206574551MaRDI QIDQ2126187

Paul Hubert, Fergus Cumming

Publication date: 14 April 2022

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2022.110280

zbMATH Keywords

heterogeneityconsumptionmortgage debt

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)

Cites Work

• Household balance sheet channels of monetary policy: a back of the envelope calculation for the euro area
• House Prices and Consumer Spending
• Regional Heterogeneity and the Refinancing Channel of Monetary Policy*
• Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism

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