---
title: HKC05 - Household Portfolios, Corporate Leverage, and the Supply Side of Monetary Policy
url: https://www.ml-quant.com/papers/repec/cxv-wpaper-2602/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:cxv:wpaper:2602
source_url: https://econpapers.repec.org/RePEc:cxv:wpaper:2602
featured: 2026-09-25
citations: unknown
topic: Portfolio & Allocation
---


# HKC05 - Household Portfolios, Corporate Leverage, and the Supply Side of Monetary Policy

Corporate leverage affects how monetary tightening transmits to the real economy: equity holders lose wealth while safe-asset holders are cushioned, raising the sacrifice ratio.

- Source: https://econpapers.repec.org/RePEc:cxv:wpaper:2602
- Identifier: RePEc:cxv:wpaper:2602
- Released: 2026-09-21
- First featured: Quant Letter No. 132 (2026-09-25): https://www.ml-quant.com/issues/2026-09-25/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation
- Authors: Goodhart, Charles, Peiris, M. Udara, Tsomocos, Dimitrios, Wang, Xuan

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