Monetary policy transmission through the interest rate channel to households
National research project
In progress
Project no.: S-PD-25-42
Project funding: Research Council of Lithuania, Postdoctoral Fellowships
Principal investigator: Karolis Bielskis
Supervisor: Aras Zirgulis
Project description:
The postdoctoral project will analyze how different types of households — distinguished by income, demographics, and loan types — respond to shifts in interest rates during monetary tightening and loosening cycles. Using detailed loan-level data, the project will examine the influence of household characteristics, loan structures, and banking sector dynamics on credit behavior.
Project duration: 2025 12 01 – 2027 11 30
Project coordinator: ISM University of Management and Economics