BIROn - Birkbeck Institutional Research Online

    Rising house prices and monetary policy

    Sibert, Anne (2006) Rising house prices and monetary policy. Other. Committee on Economic and Monetary Affairs (ECON) of the European Parliament.

    Full text not available from this repository.

    Abstract

    It is argued that the recent rise in house prices is the biggest Önancial asset price boom in history. In this note, I look at how house prices are determined and how house price bubbles can occur. I discuss whether the recent increase in house prices is a bubble, whether monetary policy can cause a rise in the price of houses relative to other goods and what central banks should do in response to house price bubbles. Finally, I consider how central banks should take account of house prices in the price index used by central banks to measure ináation.

    Metadata

    Item Type: Monograph (Other)
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Depositing User: Sarah Hall
    Date Deposited: 25 Aug 2020 08:38
    Last Modified: 02 Aug 2023 18:03
    URI: https://eprints.bbk.ac.uk/id/eprint/40603

    Statistics

    Activity Overview
    6 month trend
    0Downloads
    6 month trend
    171Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item
    Edit/View Item