The Housing as a Source of Constraints for the Monetary Policy From Romania
10 Pages Posted: 25 Jan 2021
Date Written: November 15, 2020
Abstract
The housing market could interact with the monetary policy in several ways. This paper approaches the situation of Romania where the national currency depreciation or the interest rates raise provoked, in the past, virulent reactions of the mortgage debtors. In these circumstances, the central bank has to take into consideration, when deciding, the potential impact on housing market.
Keywords: central banks’ popularity, housing, monetary policy
JEL Classification: G21, R21, R30, E52, E58
Suggested Citation: Suggested Citation
Dumitriu, Ramona and Stefanescu, Razvan, The Housing as a Source of Constraints for the Monetary Policy From Romania (November 15, 2020). Available at SSRN: https://ssrn.com/abstract=3730984 or http://dx.doi.org/10.2139/ssrn.3730984
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