The Influence of Housing Investment as an Asset Price Channel on Inflation

Ahmad Arabian Mahdi, Ali Akbar Khosravinejad, Mehdi Pedram, Rafik Nazarian and Teymoor Mohammadi
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Ahmad Arabian Mahdi: Islamic Azad University, Central Tehran Branch
Ali Akbar Khosravinejad: Islamic Azad University, Central Tehran Branch
Mehdi Pedram: Alzahra University
Rafik Nazarian: Islamic Azad University, Central Tehran Branch
Teymoor Mohammadi: Allameh Tabataba’i University

Journal of Money and Economy, 2017, vol. 12, issue 2, 123-143

Abstract: The housing market plays a significant role in the economies of countries, and as an asset price channel, is considered as one of the main channels for monetary transmission mechanism. Considering the structure of the country's economy and the characteristics of housing as a capital commodity, the assessment of the impact of

Keywords: Monetary Transmission Mechanism; Business Cycles; Markov Switching VAR Model (search for similar items in EconPapers)
Date: 2017
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