Duration and Monetary Policy

We look into firms’ decisions regarding the duration profile of investment, in response to monetary policy shocks.

February 2025 · Heitor Almeida, Timothy Johnson, Sebastiao Oliveira, Yucheng Zhou

The Other Half: Monetary Policy Transmission for Households without Mortgages

This paper looks into the transmission of monetary policy to household debt beyond mortgage, and how does monetary policy transmit to households without mortgages.

February 2025 · Viraj Chordiya, Divij Kohli, Justin Mohr, Yucheng Zhou
Amplification of equity financing constraint

The Equity Constraint Channel of Monetary Policy

This paper highlights the role of the equity financing constraints in the transmission of monetary policy.

September 2024 · Heitor Almeida, Timothy Johnson, Sebastiao Oliveira, Yucheng Zhou