House Prices and Monetary Policy : A Cross-Country Study

By Alan G. Ahearne, John Ammer, Brian M. Doyle, Linda S. Kole, Robert F. Martin. 2005

159 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/abcf2a82aa1c4345ab61a271f1759af411385060

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In Economics and Econometrics

Citations in the corpus

Housing Finance and Monetary Policy (2009, background): “6For instance, it has been argued (e.g., MacLennan et al. 1998, and Ahearne et al. 2005) that the reason why the LTV ratio has been historically low in Italy lies in the di¢ culty for the lender to enforce repossession in case of default of the borrower, given the country s slow and costly judicial…”
Monetary policy, asset prices and macroeconomic conditions: a panel-VAR study. NBB Working Papers. No. 149, 16 October 2008 (2008, methodology): “4 See also the discussion in Assenmacher-Wesche and Gerlach (2008b).”
A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies (2017, unknown): “While this result may seem counterintuitive, it probably reflects the fact that booms in house prices are typically preceded by a period of easy monetary policy, but then rising inflationary pressures lead central banks to tighten monetary policy before house prices peak (Ahearne et al., 2005).”
Excess Money Growth and Inflation Dynamics (2008, result): “Similar results are obtained when starting from house market cycles (Catte et al., 2004; Ahearne et al., 2005; Van den Noord, 2006).”
A Framework for Assessing Global Imbalances (2008, unknown): “A recent study by the Federal Reserve Board (Ahearne et al., 2005) considers crosscountry evidence and fi nds a consistent pattern of low interest rates preceding a house-price peak.”
Recent House Price Developments (2006, unknown): “See for example, Ahearne et al. (2005) .”
Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices (2008, unknown): “(2007), with information for Norway and Sweden taken from Ahearne et al. (2005) and for Switzerland from CGFS (2006).”
Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter? (2007, background): “2For instance, it has been argued (e.g. MacLennan et al., 1998, and Ahearne et al., 2005) that the reason why the LTV ratio has been historically low in Italy lies in the difficulty for the lender to enforce repossession in case of default of the borrower, given the country’s slow and costly…”