Consumption, House Prices and Collateral Constraints: a Structural Econometric Analysis
By Matteo Iacoviello. 2004
294 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/fcd8348def2c0e68582b0b4f509e443dc2d470f3
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Mette Gørtz
- Martin Browning
- Søren Leth-Petersen
- Tommaso Monacelli
- A. Calza
- Livio Stracca
- Tullio Jappelli
- Luigi Pistaferri
In Economics and Econometrics
- Mette Gørtz
- Martin Browning
- Søren Leth-Petersen
- Livio Stracca
- Tommaso Monacelli
- A. Calza
- Alejandro Justiniano
- Bruce Preston
Citations in the corpus
- Credit Growth and the Financial Crisis: A New Narrative (2017, unknown): “6 Some recent contributions include Iacoviello (2004), Guerrieri and Lorenzoni (2011), Berger et al. (2015), Corbae and Quintin (2015), Mitman (2016), Justiniano, Primiceri, and Tambalotti (2016), Kaplan, Mitman, and Violante (2017).”
- Heterogeneity in Money Holdings Across Euro Area Countries: The Role of Housing (2011, unknown): “For the sake of tractability we will follow Iacoviello (2004) in assuming that β is zero, such that β equals 1 for t=0 and β equals 0 for tN0.”
- Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter? (2007, background): “By using (10), the pricing condition (24) reads:”
- Winners and Losers in Housing Markets (2011, unknown): “(2007)), or with heterogeneous agents (Ortalo-Magne and Rady (2006), Fernandez-Villaverde and Krueger (2007), Chambers, Garriga and Schlagenhauf (2004), Iacoviello (2005), Iacoviello and Neri (2007), Nakajima (2005), Rios-Rull and Sanchez (2005) and Silos (2007)).”
- Housing Wealth and Consumption: A Micro Panel Study (2013, background): “Iacoviello (2004) argues in favour of this explanation. Also Aoki et al (2001), Campbell and Cocco (2007), Muellbauer and Murphy (1990), Aron and Muellbauer (2006) and Leth-Petersen (2010) find evidence for the presence of collateral constraints.”
- House Prices, Money, Credit and the Macroeconomy (2008, unknown): “3 Aoki et al (2004) and Iacoviello (2004, 2005) show based on general equilibrium models that a financial accelerator effect arises in the household sector via house prices when households’ ability to borrow depends on the value of housing collateral.”