Access Statistics for Fergus Cumming

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Financial Stability Paper No 26: Assessing the adequacy of CCPs' default resources 0 0 0 9 0 0 0 53
Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-Through on Fertility 0 0 2 30 1 1 11 105
Monetary policy and birth rates: the effect of mortgage rate pass-through on fertility 0 1 3 45 0 1 11 66
Mortgage Cash-flows and Employment 0 0 0 31 1 2 6 56
Mortgages, cash-flow shocks and local employment 0 0 0 24 0 0 4 80
The Distribution of Households' Indebtedness and the Transmission of Monetary Policy 0 0 0 0 1 4 9 9
The Distribution of Households' Indebtedness and the Transmission of Monetary Policy 0 0 1 1 1 4 10 10
The Role of Households' Borrowing Constraints in the Transmission of Monetary Policy This paper investigates how the transmission of monetary policy to the real economy depends on the distribution of household debt. Using an original loan-level dataset covering the universe of UK mortgages, we assess the effect of monetary shocks on aggregate consumption by exploiting time variation in a measure of the proportion of households close to their borrowing constraint. We find that monetary policy is most potent when there is a large share of constrained households. In contrast, we find no evidence that the average level of borrowing relative-to-income of the household sector affects the transmission of monetary policy 0 1 5 26 3 6 13 61
The role of households' borrowing constraints in the transmission of monetary policy 0 2 3 6 0 3 7 18
The role of households' borrowing constraints in the transmission of monetary policy 0 0 2 8 0 0 6 31
The role of households’ borrowing constraints in the transmission of monetary policy 0 0 0 65 0 0 2 80
Total Working Papers 0 4 16 245 7 21 79 569


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
House prices, the distribution of household debt and the refinancing channel of monetary policy 0 0 3 7 0 0 6 25
Mapping the UK financial system 0 0 2 159 0 0 10 684
Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-Through on Fertility 1 1 7 7 5 8 27 27
Mortgage cash-flows and employment 0 1 2 5 1 2 4 28
The Distribution of Households' Indebtedness and the Transmission of Monetary Policy 1 7 24 36 4 13 67 152
The role of vaccination and public awareness in forecasts of Mpox incidence in the United Kingdom 0 0 0 0 0 1 1 1
Understanding the infection severity and epidemiological characteristics of mpox in the UK 0 0 0 0 0 0 1 1
Total Journal Articles 2 9 38 214 10 24 116 918


Statistics updated 2025-03-03