This paper investigates how monetary policy affects bank profitability. We use data for 109
large international banks headquartered in 14 major advanced economies for the period …

Why are house prices in many advanced economies rising faster than incomes? Why isn't
land and location taught or seen as important in modern economics? What is the …

Inflation targeting is a monetary-policy strategy characterized by an announced numerical
inflation target, an implementation of monetary policy that gives a major role to an inflation …

This paper reviews some of the most prominent asset price bubbles from the past 400 years
and documents how central banks (or other institutions) reacted to those bubbles. The …

We analyse the role of house prices in the monetary policy transmission mechanism in
Norway, Sweden and the UK, using structural VARs. A solution is proposed to the …

This study examines the role of the housing market in the Greek economy. We review the
literature and assess the interdependence between the housing price index and its …

Este artículo busca explicar el efecto de la inestabilidad financiera en las firmas y su
estructura de capital, en dos mercados emergentes: Colombia y Argentina. Para el análisis …

The regulation of bank capital as a means of smoothing the credit cycle is a central element
of forthcoming macro-prudential regimes internationally. For such regulation to be effective …

This paper studies the relationships between inflation, economic activity, credit, monetary
policy, and residential property and equity prices in 17 OECD countries, using quarterly data …

This paper describes the characteristics and comovement of cycles in house prices,
residential investment, credit, interest rates, and real activity in advanced economies during …