메뉴 건너뛰기




Volumn 14, Issue 3, 1998, Pages 54-80

Asymmetries in housing and financial market institutions and EMU

Author keywords

[No Author keywords available]

Indexed keywords

EUROPEAN MONETARY UNION; FINANCIAL MARKET; HOUSING MARKET; INSTITUTIONAL FRAMEWORK;

EID: 0032462141     PISSN: 0266903X     EISSN: None     Source Type: Journal    
DOI: 10.1093/oxrep/14.3.54     Document Type: Article
Times cited : (117)

References (83)
  • 2
    • 0005905762 scopus 로고    scopus 로고
    • La transmission des politiques monétaires dans les pays Européens
    • Barran, F., Coudert, and Mojon, B. (1997), 'La Transmission des Politiques Monétaires dans les Pays Européens',Revue Française d' Economie.
    • (1997) Revue Française d' Economie
    • Barran, F.1    Mojon, B.2
  • 4
    • 84963257520 scopus 로고
    • Are government bonds net wealth?
    • Barro, R. (1974), 'Are Government Bonds Net Wealth?', Journal of Political Economy, 82, 1095-118.
    • (1974) Journal of Political Economy , vol.82 , pp. 1095-1118
    • Barro, R.1
  • 5
    • 0002516839 scopus 로고
    • The federal funds rate and the channels of monetary transmission
    • Bernanke, B., and Blinder, A. S. (1992), 'The Federal Funds Rate and the Channels of Monetary Transmission', Journal of Economic Perspective, 9(4), 27-48.
    • (1992) Journal of Economic Perspective , vol.9 , Issue.4 , pp. 27-48
    • Bernanke, B.1    Blinder, A.S.2
  • 6
    • 0002516839 scopus 로고
    • Inside the black box: The credit channel of monetary policy transmission
    • _ Gertler, M. (1995), 'Inside the Black Box: The Credit Channel of Monetary Policy Transmission', Journal of Economic Perspectives, 9(4).
    • (1995) Journal of Economic Perspectives , vol.9 , Issue.4
    • Gertler, M.1
  • 7
  • 8
    • 0040413974 scopus 로고    scopus 로고
    • The assessment: Investment performance and policy
    • Bond, S., and Jenkinson, T. J. (1996), 'The Assessment: Investment Performance and Policy', Oxford Review of Economic Policy, 12(2), 1-29.
    • (1996) Oxford Review of Economic Policy , vol.12 , Issue.2 , pp. 1-29
    • Bond, S.1    Jenkinson, T.J.2
  • 9
    • 0003283117 scopus 로고    scopus 로고
    • Credit characteristics and the monetary policy transmission mechanism in fourteen industrial countries
    • K. Alders (ed.) Amsterdam, Kluwer
    • Borio, C. E. V. (1997), 'Credit Characteristics and the Monetary Policy Transmission Mechanism in Fourteen Industrial Countries', in K. Alders (ed.), Monetary Policy in a Converging Europe, Amsterdam, Kluwer.
    • (1997) Monetary Policy in a Converging Europe
    • Borio, C.E.V.1
  • 11
    • 0000402043 scopus 로고    scopus 로고
    • Comparing the monetary transmission mechanism in France, Germany, and the United Kingdom: Some issues and results
    • Britton, E., and Whitley, J. (1997), 'Comparing the Monetary Transmission Mechanism in France, Germany, and the United Kingdom: Some Issues and Results', Bank of England Quarterly Bulletin.
    • (1997) Bank of England Quarterly Bulletin
    • Britton, E.1    Whitley, J.2
  • 12
    • 0031758719 scopus 로고    scopus 로고
    • The housing market and regional commuting and migration choices
    • Cameron, G., and Muellbauer, J. (1998), 'The Housing Market and Regional Commuting and Migration Choices', Scottish Journal of Political Economy, 45(4), 420-46.
    • (1998) Scottish Journal of Political Economy , vol.45 , Issue.4 , pp. 420-446
    • Cameron, G.1    Muellbauer, J.2
  • 13
  • 14
    • 0011607326 scopus 로고
    • Econometric evaluation of consumers' expenditure equations
    • Church, K., Smith, P., and Wallis, K. (1994), 'Econometric Evaluation of Consumers' Expenditure Equations', Oxford Review of Economic Policy, 10(2), 71-85.
    • (1994) Oxford Review of Economic Policy , vol.10 , Issue.2 , pp. 71-85
    • Church, K.1    Smith, P.2    Wallis, K.3
  • 15
    • 0041304785 scopus 로고
    • Comment on "what ends recessions?", by C. Romer and D. Romer
    • Cambridge, MA, MIT Press
    • Cochrane, J. H. (1994), 'Comment on "What Ends Recessions?", by C. Romer and D. Romer',in NBER Macroeconomics Annual 1994, Cambridge, MA, MIT Press.
    • (1994) NBER Macroeconomics Annual 1994
    • Cochrane, J.H.1
  • 18
    • 0344224409 scopus 로고    scopus 로고
    • Dublin, DOELG
    • Department of the Environment and Local Government (1998), Action on House Prices, Dublin, DOELG.
    • (1998) Action on House Prices
  • 19
    • 0002172360 scopus 로고
    • Housing finance in developed countries
    • special issue
    • Diamond, D. B., and Lea, M. J. (1992), 'Housing Finance in Developed Countries', Journal of Housing Research, 3(1) (special issue).
    • (1992) Journal of Housing Research , vol.3 , Issue.1
    • Diamond, D.B.1    Lea, M.J.2
  • 20
    • 0031828664 scopus 로고    scopus 로고
    • Immediate challenges for the European central bank: Issues in formulating a single monetary policy
    • with discussion
    • Dornbusch, R., Favero, C., and Giavazzi, F. (1998), 'Immediate Challenges for the European Central Bank: Issues in Formulating a Single Monetary Policy', Economic Policy, 26, 15-64 (with discussion).
    • (1998) Economic Policy , vol.26 , pp. 15-64
    • Dornbusch, R.1    Favero, C.2    Giavazzi, F.3
  • 21
    • 0345518147 scopus 로고
    • House prices
    • 26 December
    • Economist (1992), 'House Prices', 26 December.
    • (1992) Economist
  • 22
    • 0003817279 scopus 로고
    • Washington, DC, The Brookings Institute Press
    • st Century, Washington, DC, The Brookings Institute Press.
    • (1994) st Century
    • Eichengreen, B.1
  • 23
    • 0003654496 scopus 로고    scopus 로고
    • report required by Article 109j of the Treaty establishing the European Community, Frankfurt am Main, European Monetary Institute
    • EMI (1998), Convergence Report, report required by Article 109j of the Treaty establishing the European Community, Frankfurt am Main, European Monetary Institute.
    • (1998) Convergence Report
  • 24
    • 0345518146 scopus 로고
    • Housing Finance Working Party
    • ENHR (European Network of Housing Economists) (1995), Housing Finance Working Party.
    • (1995)
  • 25
    • 0003942589 scopus 로고
    • Brussels, EMF
    • European Mortgage Federation (1995), Annual Report 1994-95, Brussels, EMF.
    • (1995) Annual Report 1994-95
  • 26
    • 0003699573 scopus 로고    scopus 로고
    • Brussels, EMF
    • _ (1998), Annual Report 1997, Brussels, EMF.
    • (1998) Annual Report 1997
  • 27
    • 0345518145 scopus 로고    scopus 로고
    • Luxembourg, OOPEC
    • Eurostat (1996), Demographic Statistics, Luxembourg, OOPEC.
    • (1996) Demographic Statistics
  • 30
    • 0000091158 scopus 로고
    • Money, income, prices and interest rates
    • Friedman, B., and Kuttner, K. (1992), 'Money, Income, Prices and Interest Rates', American Economic Review, 82, 472-92.
    • (1992) American Economic Review , vol.82 , pp. 472-492
    • Friedman, B.1    Kuttner, K.2
  • 33
    • 0345518142 scopus 로고
    • Saving and capital market imperfections: The Italian experience
    • E. Koskela and J. Paunio (eds), Savings Behavior: Theory, International Evidence and Policy Implications, Cambridge and Oxford, Blackwells
    • Guiso, L., Jappelli, T., and Terlizzese, D. (1992), 'Saving and Capital Market Imperfections: The Italian Experience', in E. Koskela and J. Paunio (eds), Savings Behavior: Theory, International Evidence and Policy Implications, Scandinavian Journal of Economics series, Cambridge and Oxford, Blackwells, 43-59.
    • (1992) Scandinavian Journal of Economics Series , pp. 43-59
    • Guiso, L.1    Jappelli, T.2    Terlizzese, D.3
  • 37
    • 0002768296 scopus 로고
    • Econometric modelling of house prices in the UK
    • D. F. Hendry and K. F. Wallis (eds) Oxford, Basil Blackwell
    • Hendry, D. F. (1984), 'Econometric Modelling of House Prices in the UK', in D. F. Hendry and K. F. Wallis (eds), Econometrics and Quantitative Economics, Oxford, Basil Blackwell.
    • (1984) Econometrics and Quantitative Economics
    • Hendry, D.F.1
  • 38
    • 0007608432 scopus 로고
    • Monetary economic myth and econometric reality
    • _ (1985), 'Monetary Economic Myth and Econometric Reality', Oxford Review of Economic Policy, 1(1), 72-84.
    • (1985) Oxford Review of Economic Policy , vol.1 , Issue.1 , pp. 72-84
  • 39
    • 0031755976 scopus 로고    scopus 로고
    • Exogeneity, causality and co-breaking in economic policy: Analysis of a small econometric model of money in the UK
    • _ Mizon, G. (1998), 'Exogeneity, Causality and Co-breaking in Economic Policy: Analysis of a Small Econometric Model of Money in the UK', Empirical Economics, 23, 267-94.
    • (1998) Empirical Economics , vol.23 , pp. 267-294
    • Mizon, G.1
  • 41
    • 0344224405 scopus 로고    scopus 로고
    • Housing, tenure and international comparisons of income distribution
    • M. Kleinman, W. Matznetter, and M. Stephens (eds) London, Routledge
    • Hills, J. (1998), 'Housing, Tenure and International Comparisons of Income Distribution', in M. Kleinman, W. Matznetter, and M. Stephens (eds), European Integration and Housing Policy, London, Routledge.
    • (1998) European Integration and Housing Policy
    • Hills, J.1
  • 42
    • 38249034596 scopus 로고
    • Housing markets, unemployment and labour market flexibility in the UK
    • Hughes, G., and McCormick, B. (1987), 'Housing Markets, Unemployment and Labour Market Flexibility in the UK', European Economic Review, 31(3), 615-41.
    • (1987) European Economic Review , vol.31 , Issue.3 , pp. 615-641
    • Hughes, G.1    McCormick, B.2
  • 43
    • 0344537290 scopus 로고
    • Housing markets, unemployment and labour market flexibility in the UK
    • G. de Menil and R. J. Gordon (eds) Amsterdam, London, and Tokyo, Elsevier Science, New York
    • _ _(1991), 'Housing Markets, Unemployment and Labour Market Flexibility in the UK', in G. de Menil and R. J. Gordon (eds), International Volatility and Economic Growth: The First Ten Years of the International Seminar on Macroeconomics, Amsterdam, London, and Tokyo, Elsevier Science, New York, 83-109.
    • (1991) International Volatility and Economic Growth: The First Ten Years of the International Seminar on Macroeconomics , pp. 83-109
  • 44
    • 0027067527 scopus 로고
    • Regional migration in Britain: An analysis of gross flows using NHS central register data
    • Jackman, R., and Savouri, S. (1992), 'Regional Migration in Britain: An Analysis of Gross Flows Using NHS Central Register Data', The Economic Journal, 102(415), 1433-50.
    • (1992) The Economic Journal , vol.102 , Issue.415 , pp. 1433-1450
    • Jackman, R.1    Savouri, S.2
  • 48
    • 0344655808 scopus 로고
    • Housing finance in Finland: Institutional features and recent developments
    • B. Turner and C. Whitehead (eds) Research Report SB:56, Gävle, National Swedish Institute for Building Research
    • Kosonen, K. (1993), 'Housing Finance in Finland: Institutional Features and Recent Developments', in B. Turner and C. Whitehead (eds), Housing Finance in the 1990s, Research Report SB:56, Gävle, National Swedish Institute for Building Research.
    • (1993) Housing Finance in the 1990s
    • Kosonen, K.1
  • 49
    • 0344655807 scopus 로고
    • Household debt problems in a bank-dominated housing finance system: The case of Finland
    • University of Glasgow, August-September
    • _ Timonen, P. (1994), 'Household Debt Problems in a Bank-dominated Housing Finance System: The Case of Finland', paper presented at the European Network for Housing Research Conference, 'Housing: Making the Connections', University of Glasgow, August-September.
    • (1994) European Network for Housing Research Conference, 'Housing: Making the Connections'
    • Timonen, P.1
  • 50
    • 0003839558 scopus 로고
    • Leuven, Leuven University Press and MIT Press
    • Krugman, P. A. (1992), Geography and Trade, Leuven, Leuven University Press and MIT Press.
    • (1992) Geography and Trade
    • Krugman, P.A.1
  • 53
    • 0002498578 scopus 로고
    • Econometric policy evaluation: A critique
    • K. Brunner and A. H. Meltzer (eds) Amsterdam, North-Holland
    • Lucas, R. E. (1976), 'Econometric Policy Evaluation: A Critique', in K. Brunner and A. H. Meltzer (eds), The Phillips Curve and Labour Markets, Amsterdam, North-Holland.
    • (1976) The Phillips Curve and Labour Markets
    • Lucas, R.E.1
  • 57
    • 0002784242 scopus 로고    scopus 로고
    • The Euro and European financial markets
    • P. Masson, T. Krueger, and B. Turtelboom (eds) Washington, DC, IMF
    • McCauley, R. N., and White, W. R. (1997), 'The Euro and European Financial Markets', in P. Masson, T. Krueger, and B. Turtelboom (eds), EMU and the International Monetary System, Washington, DC, IMF.
    • (1997) EMU and the International Monetary System
    • McCauley, R.N.1    White, W.R.2
  • 60
    • 0030464457 scopus 로고    scopus 로고
    • Ten propositions in housing macroeconomics: An overview of the 1980s and the early 1990s
    • _ (1996), 'Ten Propositions in Housing Macroeconomics: An Overview of the 1980s and the Early 1990s', Urban Studies, 33, 425-44.
    • (1996) Urban Studies , vol.33 , pp. 425-444
  • 61
    • 0344655806 scopus 로고
    • On the role of social security as a means for efficient risk sharing in an economy where human capita is not tradable
    • Z. Bodie, J. Shoven, and D. Wise (eds) Chicago, IL, Chicago University Press
    • Merton, R. (1987), 'On the Role of Social Security as a Means for Efficient Risk Sharing in an Economy where Human Capita is not Tradable', in Z. Bodie, J. Shoven, and D. Wise (eds), Issues in Pension Economics, Chicago, IL, Chicago University Press.
    • (1987) Issues in Pension Economics
    • Merton, R.1
  • 63
    • 0042198541 scopus 로고    scopus 로고
    • The implications of switching from unfunded to funded pension systems
    • _ (1998), 'The Implications of Switching from Unfunded to Funded Pension Systems', National Institute Economic Review, 1, 71-86.
    • (1998) National Institute Economic Review , vol.1 , pp. 71-86
  • 66
    • 0008119674 scopus 로고
    • Anglo-German differences in housing market dynamics: The role of institutions and macro economic policy
    • _ (1992), 'Anglo-German Differences in Housing Market Dynamics: The Role of Institutions and Macro Economic Policy', European Economic Review, Papers and Proceedings, 36, 539-48.
    • (1992) European Economic Review, Papers and Proceedings , vol.36 , pp. 539-548
  • 67
    • 17644416833 scopus 로고    scopus 로고
    • Income persistence and macropolicy feedbacks in the US
    • _ (1996), 'Income Persistence and Macropolicy Feedbacks in the US', Oxford Bulletin of Economics and Statistics, 58, 703-33.
    • (1996) Oxford Bulletin of Economics and Statistics , vol.58 , pp. 703-733
  • 68
    • 0000442892 scopus 로고
    • The consumption function: A theoretical and empirical overview
    • M. H. Pesaran and M. Wickens (eds) Oxford, Blackwells
    • _ Lattimore, R. (1995), 'The Consumption Function: A Theoretical and Empirical Overview', in M. H. Pesaran and M. Wickens (eds), Handbook of Applied Econometrics, Oxford, Blackwells.
    • (1995) Handbook of Applied Econometrics
    • Lattimore, R.1
  • 69
    • 0141885776 scopus 로고
    • Regional economic disparities: The role of housing
    • A. Bowen (ed.) London, National Economic Development Office
    • _ Murphy, A. (1991), 'Regional Economic Disparities: The Role of Housing', in A. Bowen (ed.), Reducing Regional Inequalities, London, National Economic Development Office.
    • (1991) Reducing Regional Inequalities
    • Murphy, A.1
  • 70
    • 0344655803 scopus 로고
    • Explaining regional consumption in the UK
    • Lisbon
    • _ _(1995), 'Explaining Regional Consumption in the UK', paper presented at a conference on the Microeconomics of Saving, Lisbon.
    • (1995) A Conference on the Microeconomics of Saving
  • 71
    • 0031411833 scopus 로고    scopus 로고
    • Booms and busts in the UK housing market
    • Muellbauer, J., and Murphy, A. (1997), 'Booms and Busts in the UK Housing Market', The Economic Journal, 107, 1701-27.
    • (1997) The Economic Journal , vol.107 , pp. 1701-1727
    • Muellbauer, J.1    Murphy, A.2
  • 73
    • 0009947518 scopus 로고    scopus 로고
    • EMU and international capital markets: Implications and risks
    • P. Masson, T. Krueger, and B. Turtelboom (eds) Washington, DC, IMF
    • Prati, A., and Schinasi, G. J. (1997), 'EMU and International Capital Markets: Implications and Risks', in P. Masson, T. Krueger, and B. Turtelboom (eds), EMU and the International Monetary System, Washington, DC, IMF.
    • (1997) EMU and the International Monetary System
    • Prati, A.1    Schinasi, G.J.2
  • 75
    • 0030449913 scopus 로고    scopus 로고
    • Financial constraints and investment: Methodological issues and international evidence
    • Schiantarelli, F. (1996), 'Financial Constraints and Investment: Methodological Issues and International Evidence', Oxford Review of Economic Policy, 12(2), 70-89.
    • (1996) Oxford Review of Economic Policy , vol.12 , Issue.2 , pp. 70-89
    • Schiantarelli, F.1
  • 76
    • 0000997472 scopus 로고
    • Macroeconomics and reality
    • Sims, C. A. (1980), 'Macroeconomics and Reality', Econometrica, 48, 1-48.
    • (1980) Econometrica , vol.48 , pp. 1-48
    • Sims, C.A.1
  • 77
    • 44049115762 scopus 로고
    • Interpreting the macroeconomic time series fact: The effects of monetary policy
    • _ (1992), 'Interpreting the Macroeconomic Time Series Fact: The Effects of Monetary Policy', European Economic Review, 36, 975-1000.
    • (1992) European Economic Review , vol.36 , pp. 975-1000
  • 78
    • 0003141201 scopus 로고    scopus 로고
    • Macroeconomics and methodology
    • _ (1996), 'Macroeconomics and Methodology', Journal of Economic Perspective, 10, 105-20.
    • (1996) Journal of Economic Perspective , vol.10 , pp. 105-120
  • 79
    • 0242336789 scopus 로고
    • Monetary policy and house price volatility in Western Europe
    • Stephens, M. (1995), 'Monetary Policy and House Price Volatility in Western Europe', Housing Studies, 10, 551-64.
    • (1995) Housing Studies , vol.10 , pp. 551-564
    • Stephens, M.1
  • 81
    • 0002365783 scopus 로고
    • Vector autoregression evidence in monetarism: Another look at the robustness debate
    • Spring
    • Todd, R. M. (1990), 'Vector Autoregression Evidence in Monetarism: Another Look at the Robustness Debate', Federal Reserve Bank of Minneapolis Quarterly Review, Spring, 19-37.
    • (1990) Federal Reserve Bank of Minneapolis Quarterly Review , pp. 19-37
    • Todd, R.M.1
  • 83
    • 0345518128 scopus 로고
    • January
    • Woolwich Building Society, (1993), Survey, January.
    • (1993) Survey


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.