How Quantitative Easing Works: Evidence on the Refinancing Channel
© 2019 The Author(s) 2019. Published by Oxford University Press on behalf of The Review of Economic Studies Limited. We document the transmission of large-scale asset purchases by the Federal Reserve to the real economy using rich borrower-linked mortgage-market data and an identification strategy b...
Main Authors: | , , |
---|---|
Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Oxford University Press (OUP)
2021
|
Online Access: | https://hdl.handle.net/1721.1/133027 |