Blar i ODA Open Digital Archive på emneord "Interest rates"
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Asymmetric effects of monetary policy in regional housing markets
(American Economic Journal: Macroeconomics;Vol. 14, No. 4, Peer reviewed; Journal article, 2021-10-04)The responsiveness of house prices to monetary policy shocks depends on the nature of the shock—expansionary versus contractionary—and on local housing supply elasticities. These findings are established using a panel of ... -
The GDP, the US treasury yield and the federal funds rate: Who follows whom, when and why?
(Journal of Financial Economic Policy;, Peer reviewed; Journal article, 2021-06-08)Purpose: This study addresses the fundamental question on how the major players in the economy dynamically interact with each other: among the central bank, the investors in the bond market, and the firms and consumers ...