Battistini, Niccolò; Falagiarda, Matteo; Hackmann, Angelina - 2022
on average, its importance increases in the case of unconventional monetary policy. We also explore the determinants of …This paper assesses the role of the housing market in the transmission of conventional and unconventional monetary … policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR …