English, Article, Journal or magazine article edition: The Credit Channel of Monetary Policy: Evidence from the Housing Market Matteo Iacoviello; Raoul Minetti

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/73725
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Credit Channel of Monetary Policy: Evidence from the Housing Market
Author
  • Matteo Iacoviello
  • Raoul Minetti
Physical Description
  • preprint
Notes
  • This paper tests a credit channel of monetary policy (especially a bank-lending channel) in the housing market. We argue that the relevance of the credit channel depends on the structural features of the housing finance system, in particular efficiency and institutional organisation. We employ a structural VAR approach to analyse this issue in four European housing markets (Finland, Germany, Norway and the UK). Our results support the existence of a broad credit channel and, in some contexts, of a bank-lending channel. More importantly, the findings show across countries a clear-cut relationship between presence of a credit (bank-lending) channel, efficiency of housing finance and type of institutions active in mortgage provision.
  • Monetary transmission, bank-lending channel, house prices, vector autoregressions
  • RePEc:boc:bocoec:541
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment