Structural Vector Autoregressions (SVAR) by focusing on the effects of monetary policy, credit supply and housing demand shocks … policy shocks in the U.S. The evidence is less clear-cut for housing demand shocks. Finally, credit supply shocks seem to …

, (ii) credit supply and (iii) housing demand shocks on the housing market and the broader economy. We find that … clearcut for housing demand shocks. We also find that credit supply shocks matter more in the euro area. …

This paper investigates the responses of house prices and household credit to monetary policy shocks in Norway, using … household credit is muted. This is consistent with a relatively small refinancing rate of the mortgage stock each quarter. Using … to mitigate household credit may prove costly in terms of GDP and inflation variation. …

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This … paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of …

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This … paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of …

This paper investigates the responses of house prices and household credit to monetary policy shocks in Norway, using … household credit is muted. This is consistent with a relatively small refinancing rate of the mortgage stock each quarter. Using … to mitigate household credit may prove costly in terms of GDP and inflation variation. …