Housing Prices, Inflation Measurement and Monetary Policy in the Euro Area

Abstract The ECB’s low interest rate policy has contributed to a sharp increase in residential property prices in many euro area countries. In some member states, exuberance in the housing market has led to financial and debt crises. The Eurostat’s Harmonized Index of Consumer Prices (HICP), the ECB...

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Bibliographic Details
Main Authors: Alexander Herborn, Gunther Schnabl
Format: Article
Language:deu
Published: Springer 2022-05-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3196-2