Monetary policy transmission over the leverage cycle: evidence for the euro area
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Economics Letters, Elsevier, vol. 205(C).
- Oliver Hülsewig & Horst Rottmann, 2021. "Euro Area House Prices and Unconventional Monetary Policy Surprises," CESifo Working Paper Series 9045, CESifo.
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More about this item
Keywords
Bayesian Threshold Panel VAR; financial cycle; monetary policy;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2020-08-10 (Central Banking)
- NEP-EEC-2020-08-10 (European Economics)
- NEP-MAC-2020-08-10 (Macroeconomics)
- NEP-MON-2020-08-10 (Monetary Economics)
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