@techreport{Greiber2007Money,
abstract = {This paper examines the relation between money and housing variables in the euro area and in the US. Our empirical model is based on a standard money demand relation which is augmented by housing market variables. In doing so, co-integrated money demand relationships can be established for both the euro area and the US. Furthermore, we find evidence for asset inflation channels, that is, liquidity fuels housing market developments.},
author = {Claus Greiber and Ralph Setzer},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {E52; E41; 330; money demand; asset inflation; housing; wealth; Immobilienpreis; Geldnachfrage; Geldmenge; Immobilienmarkt; Sch\"{a}tzung; EU-Staaten; USA},
language = {eng},
number = {2007,12},
title = {Money and housing: evidence for the euro area and the US},
type = {Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank},
url = {http://hdl.handle.net/10419/19691},
year = {2007}
}
