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Published in 2018 at "Economic Modelling"
DOI: 10.1016/j.econmod.2017.04.013
Abstract: Existing research demonstrates that housing, particularly residential investment, plays an important role in the transmission of monetary policy shocks to the overall economy. With this in mind, this paper investigates the relationship between monetary policy…
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Keywords:
policy;
monetary policy;
policy housing;
housing market ... See more keywords
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Published in 2019 at "International Economic Journal"
DOI: 10.1080/10168737.2019.1610901
Abstract: ABSTRACT This paper examines the level and volatility effect of monetary policy on housing prices in China utilizing a novel set of housing price indices constructed by (Fang, H., QuanlinGu, W. X., & Zhou, L.-A.…
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Keywords:
prices china;
monetary policy;
housing prices;
housing ... See more keywords