House prices and the macroeconomy : implications for banking and price stability /
Charles Goodhart and Boris Hofmann.
- New York : Oxford University Press, 2007.
- 234 p. : ill.
House 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. HKBU library