Dreger, Christian; Wolters, Jürgen - 2010 - Submitted on 10/Sept./2010
central banks. One hot topic is whether the increase in liquidity has contributed to the formation of price bubbles in asset … liquidity shocks on real share and house prices, VAR models are specified for the US and the euro area, as well as global VARs … to control for international feedback. The analysis points to some impact of liquidity shocks on house prices, but the …