Gupta, Rangan; Kabundi, Alain - In: Journal of Economic Studies 37 (2010) 6, pp. 616-626
Purpose – This paper seeks to assess the impact of monetary policy on house price inflation for the nine census divisions of the US economy. Design/methodology/approach – A factor‐augmented VAR (FAVAR) model is estimated using a large data set comprising of 126 quarterly series over the...
