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We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to...
Persistent link: https://www.econbiz.de/10011961488
Persistent link: https://www.econbiz.de/10011943114
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to...
Persistent link: https://www.econbiz.de/10011949270
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to...
Persistent link: https://www.econbiz.de/10011932446
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to...
Persistent link: https://www.econbiz.de/10011933761
The dissertation consists of three chapters that analyze topics in household finance and the transmission of monetary policy. In each chapter, I find evidence for heterogeneous effects, either because households with different leverage adjust consumption after house price changes differently, or...
Persistent link: https://www.econbiz.de/10013450811
This dissertation investigates the transmission and effects of monetary policy. The conduct of monetary policy is often categorized into conventional and unconventional measures. The first and second chapters assess the effectiveness and distributional consequences of an extensively-used...
Persistent link: https://www.econbiz.de/10012216416
Persistent link: https://www.econbiz.de/10014442459
Persistent link: https://www.econbiz.de/10012485960
It is commonly argued that labor market institutions such as employment protection worsen an economy's performance and particularly so, if product markets become more competitive. Empirical evidence, however, has difficulties to detect a robust negative correlation between employment protection...
Persistent link: https://www.econbiz.de/10011412718