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Monetary Policy and House Prices – How Strong is the Transmission? The effect of changes in monetary policy interest rates on house prices has been a centre of attention in many economic and policy debates, as well as in an extensive academic literature. While the direction of the effect of a change in rates is more or less clear from both the theoretical and empirical perspective, the estimated magnitude of the effect differs from study to study, sometimes significantly. Thus, in our research paper The effect of monetary policy on house prices – how strong is the transmission? we focus on this relationship and aim to examine the true effect by means of a quantitative survey of the available literature (a meta-analysis). The aim of meta-analysis is to estimate the average effect reported in the literature, adjust it for potential publication bias and explain any differences.

United statesAndrews kasyHavranek rusnakInformation centre for economicsJournal of the european economic associationInternational journal of central bankingEconomic reviewEuropean economic associationMonetary economicsLeibniz information centreCentral bankingஒன்றுபட்டது மாநிலங்களில்இதழ் ஆஃப் தி ஐரோப்பிய பொருளாதார சங்கம்சர்வதேச இதழ் ஆஃப் மைய வங்கிபொருளாதார விமர்சனம்ஐரோப்பிய பொருளாதார சங்கம்