 | The Effects of Housing Prices and Monetary Policy in a Currency Union Author/Editor: Pau Rabanal, Oriol Aspachs-Bracons. Release Date:January, 2011 The recent boom-and-bust cycle in housing prices has refreshed the debate on the drivers of housing cycles as well as the appropriate policy response. We analyze the case of Spain, where housing more...
| Price: $18.00
|
| The Drivers of Housing Cycles in Spain Author/Editor: Pau Rabanal, Oriol Aspachs-Bracons. Release Date:September, 2009 Since Spain joined the EMU, two main important factors behind the housing boom appear to be the decrease of nominal interest rates and demographic factors. In this paper we estimate a New Keynesian more...
| Price: $18.00
|
|
Help