Title:

State-Dependent Effects of Monetary Policy: The Refinancing Channel

Authors:

Martin Eichenbaum (Northwestern U, NBER)
Sergio Rebelo (NBER, CEPR, Northwestern Kellogg MEDS)
Arlene Wong (Princeton U, NBER)

Journal:

American Economic Review

Year:

2022

Volume:

112

Number:

3

Pages:

721-761

JEL code:

R31 - Housing Supply and Markets