Financial stability, asset prices and monetar y policy

Household debt rose by 7.2 per cent in October, unchanged on the twelve-month rate of growth in September and August. According to house price statistics from the real estate

considerably better job in matching not only the autocorrelation of debt-to-GDP, but also the correlations of real household debt with inflation, interest rates, house prices, and to

The International Journal of Central Banking (IJCB) is organizing its 2019 annual conference, “Commodity Prices and Monetary Policy: New Theory and Evidence.” The conference will

The test is based on a fifth order VAR model in real house prices, real household debt, housing starts and the housing stock, conditioning on real disposable income, real

Since we do not want to restrict monetary policy from responding contempo- raneously to shocks in either house prices or stock prices (i.e. S 53 and S 54 should be different from

By way of contrast, Anundsen and Jansen (2013) find a mutual long-run dependency between real house prices and debt over the period from 1985 to 2008 in the context of a

In this master thesis we analyze the effects of monetary policy shocks on economic and financial variables in Norway, where we focus in particular on the responses of house

Continuing with the indicator variables, we look at the responses of household credit growth, house price-to-income ratio, private credit-to-GDP gap, and the wholesale funding gap,