Gupta, Rangan; Kabundi, Alain - In: Journal of Economic Studies 37 (2010) September, pp. 616-626
Purpose – This paper seeks to assess the impact of monetary policy on house price inflation for the nine census … investigation show that house price inflation responds negatively to a positive monetary policy shock, suggesting that the framework … VARs. Research limitations/implications – The paper only considers house price inflation and ignores other housing market …