Housing markets and the economy: the assessment

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Housing Finance and Monetary Policy (2009, background): “We thank J. R. Campbell, F. De Fiore, C. Favero, S. Gerlach, J. Heathcote, Z. Hercowitz, M. Iacoviello, A. Lehnert, J. Muellbauer, E. Nelson, H. Pill, A. Schabert, F. Smets and B. Winkler for useful comments and discussions.”
Housing markets and the financial crisis of 2007-2009: lessons for the future (2010, methodology): “15 Some of this strong response in the US is consistent with earlier evidence of feedback effects of lagging house price appreciation on US home construction, as reported in Muellbauer and Murphy (2008).”
The equilibrium effect of fundamentals on house prices and rents (2013, result): “Our finding that interest rates can be linked to a higher price-rent ratio is supported by the user cost literature (see, for example, seminal work by Poterba (1984) and follow-up work by Himmelberg et al.”
Self-reinforcing effects between housing prices and credit: an extended version (2013, background): “Meen (2001, 2002), Muellbauer and Murphy (1997, 2008) and the references therein.”
Heterogeneity in Money Holdings Across Euro Area Countries: The Role of Housing (2011, unknown): “Recent studies have found important heterogeneity in the transmission of monetary policy on house prices depending on the structural and institutional features of the mortgage market (Maclennan et al., 1998; Calza et al., 2007; Muellbauer and Murphy, 2008).”