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Monetary Policy Implications of Heterogeneous Mortgage Refinancing

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Martsella Davitaya discusses research that shows credit score heterogeneity dampens monetary policy transmission through fixed-rate mortgages.

Institution: Columbia University

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Martsella Davitaya discusses research that shows credit score heterogeneity dampens monetary policy transmission through fixed-rate mortgages.

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Image courtesy of interviewee. January 17, 2023

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