Submission to the Productivity Commission inquiry on housing affordability
Changes in house prices matter for the Reserve Bank of New Zealand (the Bank), both through their cyclical implications for monetary policy and the longer-term implications of the level of house prices for macroeconomic and financial stability.
Volume (Year): 74 (2011)
Issue (Month): (September)
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- Emmanuel De Veirman & Ashley Dunstan, 2011.
"Time-varying returns, intertemporal substitution and cyclical variation in consumption,"
Reserve Bank of New Zealand Discussion Paper Series
DP2011/05, Reserve Bank of New Zealand.
- De Veirman Emmanuel & Dunstan Ashley, 2011. "Time-Varying Returns, Intertemporal Substitution and Cyclical Variation in Consumption," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-41, July.
- Emmanuel De Veirman & Ashley Dunstan, 2011. "Time-Varying Returns, Intertemporal Substitution and Cyclical Variation in Consumption," CAMA Working Papers 2011-14, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Aida Caldera Sánchez & Åsa Johansson, 2011.
"The Price Responsiveness of Housing Supply in OECD Countries,"
OECD Economics Department Working Papers
837, OECD Publishing.
- Caldera, Aida & Johansson, Åsa, 2013. "The price responsiveness of housing supply in OECD countries," Journal of Housing Economics, Elsevier, vol. 22(3), pages 231-249.
- Edward L. Glaeser & Joseph Gyourko & Albert Saiz, 2008.
"Housing Supply and Housing Bubbles,"
NBER Working Papers
14193, National Bureau of Economic Research, Inc.
- Leslie Hull, 2003. "Financial deregulation and household indebtedness," Reserve Bank of New Zealand Discussion Paper Series DP2003/01, Reserve Bank of New Zealand.
- Calista Cheung, 2011. "Policies to Rebalance Housing Markets in New Zealand," OECD Economics Department Working Papers 878, OECD Publishing.
- Emmanuel De Veirman & Ashley Dunstan, 2008. "How do Housing Wealth, Financial Wealth and Consumption Interact? Evidence from New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP2008/05, Reserve Bank of New Zealand.
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