This paper provides a systematic empirical analysis of the role of the housing market in the
macroeconomy in the US and the euro area. First, it establishes some stylised facts …

While the role of housing markets in the run up to the recent financial crisis is well
documented, we consider how housing markets have since responded to unconventional …

The issue of financial problems among the elderly has garnered the attention of multiple
generations. In 2018, Taiwan formally attained an ageing society status. In order to address …

Estimating a large‐scale factor‐augmented vector autoregressive model for 18 Organisation
for Economic Co‐operation and Development member countries, we quantify the global …

This paper examines asymmetries in the impact of monetary policy on the middle segment of
the South African housing market from 1966: M2 to 2011: M12. We use Markov-switching …

This paper models the role of monetary policy in the Australian housing market using
structural vector autoregression model. Our results show that a contractionary monetary …

We study the changing international transmission of US monetary policy shocks to 14 OECD
countries over the period 1981Q1–2010Q4. The US monetary policy shock is defined as …

This paper investigates herding behavior in the US residential housing market. The sample
period is 1975 M01 to 2015 M06. The study utilizes the housing price index of each of the 50 …

The first‐hand house price in Bei**g, the capital of China, has skyrocketed with 43 percent
annual growth from 2005 to 2017, exerting tremendous adverse effects on people's …

In this paper, we use a Quantile Structural Vector Autoregressive (QSVAR) model, estimated
over the quarterly period of 1975: Q3 to 2017: Q3, to analyze whether the impact of monetary …