This paper examines the extent of volatility between oil price and sectoral indices in the Gulf
Cooperation Council (GCC) countries by using quantile regression analysis (QRA) for the …

We test the performance of a host of real and financial variables as early warning indicators
for costly aggregate asset price boom/bust cycles, using data for 18 OECD countries. A …

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 …

We test the performance of a host of real and financial variables as early warning indicators
for costly aggregate asset price boom/bust cycles, using data for 18 OECD countries …

The construction of public-access electric vehicle charging piles is an important way for
governments to promote electric vehicle adoption. The endogenous relationships among …

In this paper we investigate the relationship between loose monetary policy, low inflation,
and easy bank credit with asset price booms. Using a panel of up to 18 OECD countries from …

We study the macroeconomic effects of monetary policy during financial crises using a
Bayesian panel vector autoregressive (PVAR) model for 20 advanced economies. We …

The withdrawal of foreign capital from emerging countries at the height of the recent financial
crisis and its quick return sparked a debate about the impact of capital flow surges on asset …

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 …

We compare two standard extensions to the New Keynesian framework that feature financial
frictions. The first model, originating from Kiyotaki and Moore (1997), is based on collateral …