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House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy
16 references·16 citing·45 second hopsampled
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References

  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • n.d.A model of investor sentiment /4,073 cited
  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 2003Income Inequality in the United States, 1913-19983,767 cited
  • 1933The Debt-Deflation Theory of Great Depressions2,516 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 2002Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve2,302 cited
  • 2009The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis *2,088 cited
  • 1998Heterogeneous beliefs and routes to chaos in a simple asset pricing model1,697 cited
  • 2010Housing Market Spillovers: Evidence from an Estimated DSGE Model1,500 cited
  • 1981The Present-Value Relation: Tests Based on Implied Variance Bounds1,364 cited
  • 2005Asset Prices, Financial and Monetary Stability: Exploring the Nexus1,287 cited
  • 2003Macroeconomic Expectations of Households and Professional Forecasters1,170 cited
  • 2001Should Central Banks Respond to Movements in Asset Prices?1,166 cited
  • 2014What Explains the 2007-2009 Drop in Employment?

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1,064 cited
  • 1960Optimal Properties of Exponentially Weighted Forecasts985 cited
  • Cited by

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