Subjective housing price expectations, falling natural rates, and the optimal inflation target


Adam, Klaus ; Pfäuti, Oliver ; Reinelt, Timo


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DOI: https://doi.org/10.1016/j.jmoneco.2024.103647
URL: https://www.sciencedirect.com/science/article/pii/...
URN: urn:nbn:de:bsz:180-madoc-684449
Document Type: Article
Year of publication: 2024
The title of a journal, publication series: Journal of Monetary Economics
Volume: 149
Issue number: Article 103647
Page range: 1-20
Place of publication: Amsterdam [u.a.]
Publishing house: Elsevier
ISSN: 0304-3932
Publication language: English
Institution: School of Law and Economics > Geldpolitik und Makroökonomik (Adam 2008-)
Pre-existing license: Creative Commons Attribution, Non-Commercial 4.0 International (CC BY-NC 4.0)
Subject: 330 Economics
Classification: JEL: E31 , E44 , E52 , E58,
Keywords (English): monetary policy , subjective housing price expectations , natural rate of interest , housing booms , optimal inflation target , effective lower bound




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