LEADER 03002nam 2200637 a 450 001 9910777038503321 005 20230721031231.0 010 $a1-383-03438-9 010 $a1-280-75417-6 010 $a0-19-151403-9 010 $a1-4294-7023-2 035 $a(CKB)1000000000412977 035 $a(EBL)415413 035 $a(OCoLC)476242244 035 $a(SSID)ssj0000173303 035 $a(PQKBManifestationID)11196790 035 $a(PQKBTitleCode)TC0000173303 035 $a(PQKBWorkID)10164462 035 $a(PQKB)10544010 035 $a(Au-PeEL)EBL415413 035 $a(CaPaEBR)ebr10271733 035 $a(CaONFJC)MIL75417 035 $a(MiAaPQ)EBC415413 035 $a(EXLCZ)991000000000412977 100 $a20060818d2007 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aHouse prices and the macroeconomy$b[electronic resource] $eimplications for banking and price stability /$fCharles Goodhart and Boris Hofmann 210 $aOxford ;$aNew York $cOxford University Press$d2007 215 $a1 online resource (247 p.) 300 $aDescription based upon print version of record. 311 $a0-19-920459-4 320 $aIncludes bibliographical references (p. 211-224) and index. 327 $aHouse prices and the macroeconomy : overview -- House prices as predictors of consumer price inflation? -- Financial conditions indices -- The Phillips curve, the IS curve, and monetary transmission -- Goods and asset price deflations -- House prices and bank credit -- Bank regulation and macroeconomic fluctuations -- Default, credit growth and asset prices -- What role for house prices in the measurement of inflation? -- A second Central Bank instrument? -- House price fluctuations and public policy. 330 $aThe macroeconomic implications of asset price flucuations have received increasing attention in academic and policy circles recently, in large part due to the recent boom-bust bubbles in the equity and now housing markets. This book aims to investigate the role of asset prices for various aspects of the macroeconomy. - ;House price bubbles, and their aftermath, have become a focus of macro-economic policy concern in most developed countries. This book elucidates the two-way relationship between house-price fluctuations and economic fundamentals. Housing has many features which make it distinct 606 $aHousing$xPrices 606 $aPrices 606 $aMonetary policy 606 $aEconomic indicators 615 0$aHousing$xPrices. 615 0$aPrices. 615 0$aMonetary policy. 615 0$aEconomic indicators. 676 $a339.3/1 700 $aGoodhart$b C. A. E$g(Charles Albert Eric)$0116084 701 $aHofmann$b Boris$01554718 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910777038503321 996 $aHouse prices and the macroeconomy$93816137 997 $aUNINA