It takes the average reader and 45 minutes to read Differential Effects of Macroprudential Policy by Nina Biljanovska
Assuming a reading speed of 250 words per minute. Learn more
We explore the differential effects of lender-based macroprudential policies on new mortgage borrowing for households of different income using a comprehensive dataset that links macroprudential policy actions with household survey data for European Union countries. The main results suggest that higher-income households on average experience a larger reduction in mortgage loan size than lower-income households when regulation targeting total lenders’ assets tightens. In contrast, lower-income households on average experience a larger reduction in mortgage loan size than higher-income households when regulation targeting lenders’ capital requirements tightens. We also provide evidence of the different channels through which the differential effects operate.
Differential Effects of Macroprudential Policy by Nina Biljanovska is 45 pages long, and a total of 11,475 words.
This makes it 15% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 2 minutes to read Differential Effects of Macroprudential Policy aloud.
Differential Effects of Macroprudential Policy is suitable for students ages 8 and up.
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