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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
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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.
    3. Dino Kos, 2001. "Domestic open market operations during 2001," Annual Report Domestic Open Market Operations, Federal Reserve Bank of New York.
    4. Dino Kos, 2002. "Domestic open market operations during 2002," Annual Report Domestic Open Market Operations, Federal Reserve Bank of New York.
    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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