Title:

House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy

Authors:

Caterina Mendicino (Bank of Portugal)
Paolo Gelain (Norges Bank)
Kevin J. Lansing (Fed Res Bk of San Francisco, Norges Bank)

Journal:

International Journal Of Central Banking

Year:

2013

Volume:

9

Pages:

219-276

JEL codes:

D84 - Expectations; Speculations
E31 - Price Level; Inflation; Deflation
E32 - Business Fluctuations; Cycles
E44 - Financial Markets and the Macroeconomy
E52 - Monetary Policy (Targets, Instruments, and Effects)
G21 - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
R31 - Housing Supply and Markets