The effects of monetary policy on consumption, housing walth and house prices: An Australian perspective

• Autores: Daehoon Nahm, Joseph Macri
• Localización: Journal of economic research, ISSN 1226-4261, Vol. 21, Nº. 2, 2016, págs. 175-204
• Idioma: inglés
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• Resumen

  • We employ a specially-structured VAR model to firstly examine the total effects of Australia´s monetary plicy changes on private sector, variables, specifiacally, household consumption, housing wealth, and house prices, through impulse responses.