Purpose This study aims to focus on two-way interaction between monetary policy and house prices in emerging economies. Design/methodology/approach This study uses panel structural vector autoregressive model. Findings The results show that real house prices decrease in response to a...

Purpose The purpose of this study is to make an analysis of the short- and long-term effects of inflation, exchange rate, housing interest rate, industrial production index, total housing loans and housing volume on housing inflation in Turkey, taking into account the multiple structural breaks....

Purpose – This paper aims to analyze the impact of common monetary policy shocks on house prices at national and capital city levels of aggregation, using Australian data and the Lastrapes (2005) two-part structural vector autoregressive (SVAR) empirical method. Design/methodology/approach –...

Purpose – This paper aims to examine how the exogenous shock of the global financial crisis has had a differential impact on the housing markets of the USA and UK. Design/methodology/approach – The paper begins by examining the nature and dynamics of the global financial crisis. It presents...

Purpose The purpose of this paper is to evaluate whether low financial literacy is associated with the use of risky mortgages and delinquency. Design/methodology/approach A probit analysis is used to analyze the results of a survey of US homeowners. Findings It was found that borrowers with low...

Purpose This paper aims to examine whether there are differences between the long and short-term relationship of house prices and interest rates. The elasticity of house prices to monetary policy changes, e.g. via interest rates, is from a theoretical perspective and in the long-run negative....

Purpose – The aim of this paper is to establish an original database from fieldwork on microfinance institutions in Cameroon. Design/methodology/approach – The main method used for the research involved statistical analysis of an original survey data. The latter fieldwork analysis has...

Purpose – This study aims to quantitatively measure the size and speed of monetary policy interest rate transmission to long‐term interest rates in Kenya. Design/methodology/approach – The study uses autoregressive distributed lag specification re‐parameterized as an error correction...

The analysis of the standard balanced‐budget multiplier is based on the suppositions that the general price level and interest rates are fixed and that the equal changes in government expenditures and taxes are autonomous. However, no explicit assumption is made about the timing of the dynamic...