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Monetary policy, fiscal policy, and the housing bubble
McDonald, John F.; Stokes, Houston H. - In: Modern economy 6 (2015) 2, pp. 165-178
Persistent link: https://www.econbiz.de/10011286012
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Monetary policy and the housing bubble
McDonald, John F.; Stokes, Houston H. - In: The journal of real estate finance and economics 46 (2013) 3, pp. 437-451
Persistent link: https://www.econbiz.de/10009727569
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The housing price bubble, the monetary policy and the foreclosure crisis in the US
McDonald, John F.; Stokes, Jouston H. - In: Applied economics letters 20 (2013) 10/12, pp. 1104-1108
Persistent link: https://www.econbiz.de/10010197045
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Monetary policy, mortgage rates and the housing bubble
McDonald, John F.; Stokes, Houston H. - In: Economics & finance research 1 (2013) 1, pp. 82-91
The article uses three alternative models and monthly data to investigate whether the Federal Funds Rate or the rate on standard 30 year mortgages in the US for the period 1987 to 2010 impacts an index of housing prices. The results indicate that positive shocks to the Federal Funds Rate are...
Persistent link: https://www.econbiz.de/10010469480