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Monetary policy and the housing bubble

Author

Listed:
  • Jane K. Dokko
  • Brian M. Doyle
  • Michael T. Kiley
  • Jinill Kim
  • Shane M. Sherlund
  • Jae W. Sim
  • Skander J. van den Heuvel

Abstract

We examine the role of monetary policy in the housing bubble. Our review examines the setting of monetary policy in the middle of this decade, the impetus from monetary policy to the housing market, and other factors that may have contributed to the run-up, and subsequent collapse, in house prices.

Suggested Citation

  • Jane K. Dokko & Brian M. Doyle & Michael T. Kiley & Jinill Kim & Shane M. Sherlund & Jae W. Sim & Skander J. van den Heuvel, 2009. "Monetary policy and the housing bubble," Finance and Economics Discussion Series 2009-49, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfe:2009-49
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    Keywords

    Housing - Prices ; Monetary policy;

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