Work

Economic impact of monetary policy: Focus on real estate sector in Italy

Year: 2020

Type: article

Abstract: This study investigates the nexus between financial market and real estate (RE) sector against the backdrop of ECB's unconventional monetary policy. A financial dynamic computable general equilibrium (DCGE) model is calibrated on the financial social accounting matrix (FSAM) of Italian economy. The findings confirm that the inclusion of financial intermediation into real economy affects the real estate sector's output, value added, and pricing.

Source: International Journal of Finance & Economics

DOI: 10.1002/ijfe.1848

Authors: Irfan Ahmed, Claudio Socci, Ali Medabesh, Francesca Severini, Jacopo Zotti

Institutions: Jazan University, University of Macerata, University of Trieste

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W3045775714

FWCI: 2.387

Cites: 41

Cited by: 10

Related to: 10