Financial Liberalization and the Sensitivity of House Prices to Monetary Policy: Theory and Evidence

By Matteo Iacoviello, Raoul Minetti. 2003

127 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/0a134c2ef01af0c07973d2c92cdea8ca10287b15

Citations in the corpus

• Financial Innovations and Macroeconomic Volatility (2006, unknown): “A related point was made by Iacoviello & Minetti (2003) who show that house prices respond more strongly to interest rate shocks if the debt exposure is high.”
• Monetary Policy and the Global Housing Bubble (2011, unknown): “Some recent theoretical work has looked at how down-payment size, fixed versus flexible rate mortgages, or other aspects of mortgage finance may increase (Calza et al., 2009; Iacoviello and Minetti, 2003) or decrease (Aoki et al.”