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Housing and Monetary Policy

Author

Listed:
  • John Taylor

    (Stanford University)

Abstract

My remarks focus on the relationship between monetary policy and the recent turmoil in the markets for housing, housing finance, and beyond. I begin with a review of the period leading up to the crisis. I then use this review as a basis for discussing the role of monetary policy in resolving such crises and preventing future crises.

Suggested Citation

  • John Taylor, 2007. "Housing and Monetary Policy," Discussion Papers 07-003, Stanford Institute for Economic Policy Research.
  • Handle: RePEc:sip:dpaper:07-003
    as

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    File URL: http://www-siepr.stanford.edu/repec/sip/07-003.pdf
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    References listed on IDEAS

    as
    1. Topel, Robert H & Rosen, Sherwin, 1988. "Housing Investment in the United States," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 718-740, August.
    2. William Poole, 2007. "Understanding the Fed," Review, Federal Reserve Bank of St. Louis, vol. 89(Jan), pages 3-14.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Housing Market; monetary policy; housing finance;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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