We study how US consumers house price expectations respond to verbal and non-verbal communication about interest rate changes using several large online surveys. Verbal communication about interest ra
Does the structure of local banking markets—specifically the degree of bank competition—determine the strength and symmetry of the regional housing price response to monetary policy?
Does banking market structure affect how monetary policy influences housing prices? We examine this question using state-level quarterly data from 1976 to 1994, when U.S. states progressively deregula
