Housing wealth and monetary policy transmission: cross-country evidence

This paper quantifies the role of housing wealth in the transmission of monetary policy to consumption in 20 advanced economies. Using Bayesian VAR models we identify structural...

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ECB: Housing wealth and monetary policy transmission: cross-country evidence.

First seen Mar 24, 2026, 10:00 AM UTC Latest source Mar 24, 2026, 10:00 AM UTC

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Housing wealth and monetary policy transmission: cross-country evidence

ECB Working Papers •published Mar 24, 2026, 10:00 AM UTC •fetched Mar 24, 2026, 10:12 AM UTC