Analysing the transmission pattern within the framework of housing supply and monetary policy in Australia

作者: Kerry A. London , Junxiao Liu , Junxiao Liu

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摘要: Housing supply is one of important components the housing sector. Compared with an increasingly strong demand, growth rates total stock in Australia have exhibited a downward trend since end 1990s whilst significant adjustments Australian monetary policy were being implemented. This research aims to estimate nature relationship between and by vector error correction model. According empirical results, transmission pattern comprised indicators associated can be identified, which suggests that there interrelationship side sector Australia.

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