Òscar Jordà, Moritz Schularick, and Alan Taylor: Monetary Policy and Housing Prices: Lessons from 140 Years: “Housing played a major role in the Global Crisis… …and some worry that the ultra-low interest rate environment is inflating new housing bubbles.  Using 140 years of data from 14 advanced economies, this column provides a quantitative measure of … Continue reading Morning Must-Read: Òscar Jordà, Moritz Schularick, and Alan Taylor: Monetary Policy and Housing Prices: Lessons from 140 Years