Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy
Elliot Anenberg; Tess Scharlemann; Eileen van Straelen
- Published
- Publisher
- American Economic Association
- Journal / collection
- American Economic Review
- Research area
- Capital & markets
- Source type
- Journal article
- DOI
- 10.1257/aer.20231264
The original publisher provides the full text and its access options.
Cite this source
Elliot Anenberg; Tess Scharlemann; Eileen van Straelen. Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy. American Economic Review. 2025-11-01. https://doi.org/10.1257/aer.20231264