Housing Bubbles and Monetary Policy: A Reassessment

Preprint, Research English OPEN
O'Meara, Graeme (2015)
  • Subject: Housing bubbles; Taylor rule; Monetary policy; Interest rates | Interest rates | Housing bubbles | Taylor rule | Monetary policy
    • jel: jel:E52 | jel:E58 | jel:F33 | jel:R31

This study contributes to the ongoing debate over the causes of housing bubbles. The argument that excessively low interest rates were responsible for the run up in house prices over the last decade has received considerable attention in the literature. However, few p... View more
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