Finance and Economics Discussion Series (FEDS)
December 2009
Monetary Policy and the Housing Bubble
Jane Dokko, Brian Doyle, Michael T. Kiley, Jinill Kim, Shane Sherlund, Jae Sim, and Skander Van den Heuvel
Abstract:
We examine the role of monetary policy in the housing bubble. Our review examines the setting of monetary policy in the middle of this decade, the impetus from monetary policy to the housing market, and other factors that may have contributed to the run-up, and subsequent collapse, in house prices.
Full paper (Screen Reader Version)Keywords: Bubbles, monetary policy, house prices
PDF: Full Paper
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