Search Results - "Muellbauer, John"

The future of macroeconomics: macro theory and models at the Bank of England by Hendry, David F., Muellbauer, John N. J.

“…The adoption as policy models by central banks of representative agent New Keynesian dynamic stochastic general equilibrium models has been widely criticised,…”
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Exchange Rate Pass-Through in Developing and Emerging Markets: A Survey of Conceptual, Methodological and Policy Issues, and Selected Empirical Findings by Aron, Janine, Macdonald, Ronald, Muellbauer, John

“…Global integration has increased the international linkages of financial markets for emerging market countries. A key channel for the international…”
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Housing markets and the financial crisis of 2007–2009: Lessons for the future by Duca, John V., Muellbauer, John, Murphy, Anthony

“…An unsustainable weakening of credit standards induced a US mortgage lending and housing bubble, whose consumption impact was amplified by innovations altering…”
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HOUSING, DEBT AND THE ECONOMY: A TALE OF TWO COUNTRIES by Muellbauer, John

“…In housing affordability levels and volatility, there could hardly be a greater contrast than between the UK and Germany. Differences in history, institutions…”
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A STOCHASTIC ESTIMATION FRAMEWORK FOR COMPONENTS OF THE SOUTH AFRICAN CONSUMER PRICE INDEX by Aron, Janine, Muellbauer, John N. J., Pretorius, Coen

“…Under inflation targeting in South Africa, it is important to monitor and forecast changes in prices, not only for aggregate measures of the consumer price…”
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Modelling and forecasting mortgage delinquency and foreclosure in the UK. by Aron, Janine, Muellbauer, John

“…In the absence of micro-data in the public domain, new aggregate models for the UK's mortgage repossessions and arrears are estimated using quarterly data over…”
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Excess Mortality Versus COVID‐19 Death Rates: A Spatial Analysis of Socioeconomic Disparities and Political Allegiance Across U.S. States by Aron, Janine, Muellbauer, John

“…Excess mortality is a more robust measure than the counts of COVID‐19 deaths typically used in epidemiological and spatial studies. Measurement issues around…”
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Housing and the Macroeconomy: Inflation and the Financial Accelerator by MUELLBAUER, JOHN

“…Three themes connecting housing and the macroeconomy are discussed. First, evidence is presented for the property market as one of the drivers of U.S. consumer…”
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Implications of household-level evidence for policy models: the case of macro-financial linkages by Muellbauer, John

“…Abstract Macroeconomic policy models should track the different channels of monetary transmission, providing a framework for Monetary Policy Committees. They…”
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Housing markets and the economy: the assessment by Muellbauer, John, Murphy, Anthony

“…Housing markets have multiple interactions with the rest of the economy and these are surveyed in this paper. The drivers of house prices include income, the…”
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What Drives House Price Cycles? International Experience and Policy Issues by Duca, John V., Muellbauer, John, Murphy, Anthony

“…The role of real estate during the global financial and economic crisis has prompted efforts to better incorporate housing and financial channels into macro…”
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House Prices and Credit Constraints: Making Sense of the US Experience by Duca, John V., Muellbauer, John, Murphy, Anthony

“…Most US house price models break down in the mid-2000s, due to the omission of exogenous changes in mortgage credit supply (associated with the sub-prime…”
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Wealth, Credit Conditions, and Consumption: Evidence from South Africa by Aron, Janine, Muellbauer, John

“…The role of housing wealth in explaining consumption remains controversial. This paper emphasizes credit liberalization and wealth in explaining consumption…”
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"Modelling and forecasting mortgage delinquency and foreclosure in the UK.â[euro] by Aron, Janine, Muellbauer, John

“…In the absence of micro-data in the public domain, new aggregate models for the UK's mortgage repossessions and arrears are estimated using quarterly data over…”
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Conditional eurobonds and the eurozone sovereign debt crisis by Muellbauer, John

“…This paper proposes that all new euro area sovereign borrowing be in the form of jointly guaranteed eurobonds. To avoid classic moral hazard problems and to…”
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How Mortgage Finance Reform Could Affect Housing by Duca, John V., Muellbauer, John, Murphy, Anthony

“…Although major changes in mortgage finance have occurred since the subprime bust, several issues remain unresolved, centering on the roles of Fannie Mae,…”
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New Methods for Forecasting Inflation, Applied to the US by Aron, Janine, Muellbauer, John

“…Models for the 12‐month‐ahead US rate of inflation, measured by the chain‐weighted consumer expenditure deflator, are estimated for 1974–98 and subsequent…”
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CREDIT, HOUSING COLLATERAL, AND CONSUMPTION: EVIDENCE FROM JAPAN, THE U.K., AND THE U.S by ARON, JANINE, DUCA, JOHN V., MUELLBAUER, JOHN, MURATA, KEIKO, MURPHY, ANTHONY

“…The consumption behavior of U.K., U.S., and Japanese households is examined and compared using a modern Ando‐Modigliani style consumption function. The models…”
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BOOMS AND BUSTS IN THE UK HOUSING MARKET by Muellbauer, John, Murphy, Anthony

“…The often volatile behaviour of UK house prices between 1957 and 1994 is analysed in an annual econometric model. Theory suggests that financial liberalisation…”
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Property Taxation and the Economy after the Barker Review by Muellbauer, John

“…This paper analyses the roles of property and land values in the UK economy and considers property tax reform with the objectives of improving macro-economic…”
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