This paper investigates empirically the relation between monetary policy and asset markets
using quarterly data for the euro area. I find that a monetary policy contraction leads to a …

Taking cities at prefecture-level and above in China as the research object, we theoretically
analyze the effects of land finance on housing prices and economic growth as well as the …

We assess the response of monetary policy to developments in asset markets in the euro
area, the US and the UK. We estimate the reaction of monetary policy to wealth composition …

Using under-exploited institutional sector account data, we assess the main drivers of both
firms' and households' investment in Italy over the past two decades. We thus test the validity …

ABSTRACT I look at the linkages between monetary policy and asset wealth using quarterly
data for the USA. I show that a positive interest rate shock leads to a fall in aggregate wealth …

After considering resource-based cities as the research object, this paper theoretically
analyzes the impact of land finance on housing prices and economic growth, considers the …

After considering resource-based cities as the research object, this paper theoretically
analyzes the impact of land finance on housing prices and economic growth, considers the …

This paper estimates the contribution of financial shocks to fluctuations in the real economy
by augmenting the standard macroeconomic vector autoregression (VAR) with five financial …

Purpose The purpose of this paper is to explore the role of the housing market in the
monetary policy transmission to consumption among euro area member states. It has been …

The aim of this paper is to demonstrate methods for analysing the dynamic impact of the
tourism sector on key drivers of economic growth for destinations in Australia, while allowing …