The Credit Channel of Monetary Policy: Evidence from the Housing Market
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Note: This paper was previously circulated with the title "The Credit Channel of Monetary Policy and the Housing Market: International Empirical Evidence"
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- Iacoviello, Matteo & Minetti, Raoul, 2008. "The credit channel of monetary policy: Evidence from the housing market," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 69-96, March.
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More about this item
Keywords
Monetary transmission; bank-lending channel; house prices; vector autoregressions;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2002-10-18 (Central Banking)
- NEP-MON-2002-10-18 (Monetary Economics)
- NEP-URE-2002-10-18 (Urban and Real Estate Economics)
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