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The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

17 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
Research Discussion Paper – RDP 2020-02 The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets. Calvin He and Gianni La Cava. February 2020. 1.9. MB. 343. Supplementary information. consumption, debt, households, housing
https://www.rba.gov.au/publications/rdp/2020/2020-02.html

The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
Research Discussion Paper – RDP 2020-02 The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets. Calvin He and Gianni La Cava. February 2020. 460. KB. The Discussion Paper series is intended to make the results of the
https://www.rba.gov.au/publications/rdp/2020/2020-02/sections.html

Data

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets 3. Data. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. To measure local area housing prices we use data from a private
https://www.rba.gov.au/publications/rdp/2020/2020-02/data.html

Conclusion

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets 7. Conclusion. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. We document a wide distribution in the effect of monetary
https://www.rba.gov.au/publications/rdp/2020/2020-02/conclusion.html

Appendix C: Rolling Samples

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets Appendix C: Rolling Samples. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. To assess the stability of our estimates we
https://www.rba.gov.au/publications/rdp/2020/2020-02/appendix-c.html

Supplementary Information for RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
Research Discussion Paper – RDP 2020-02 The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets. Calvin He and Gianni La Cava. February 2020. Details of the supplementary information available for this research
https://www.rba.gov.au/publications/rdp/2020/2020-02/supplementary-information.html

Appendix B: Kendall and Tulip

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets Appendix B: Kendall and Tulip. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. To determine the proportion of value determined
https://www.rba.gov.au/publications/rdp/2020/2020-02/appendix-b.html

Robustness Tests

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets 6. Robustness Tests. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. We re-estimate the unrestricted model but replace the
https://www.rba.gov.au/publications/rdp/2020/2020-02/robustness-tests.html

Appendix A: Data Description

14 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets Appendix A: Data Description. Calvin He and Gianni La Cava. February 2020. Download the Paper 1,879. KB. Table A1: Variables Used in Unrestricted and
https://www.rba.gov.au/publications/rdp/2020/2020-02/appendix-a.html

Non-technical summary for ‘The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets’

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
RDP 2020-02: The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets Non-technical summary for ‘The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets’. Calvin He and Gianni La Cava.
https://www.rba.gov.au/publications/rdp/2020/2020-02/non-technical-summary.html