Mortgage lending, monetary policy, and prudential measures in small euro-area economies: Evidence from Ireland and the Netherlands

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Everett, Mary, de Haan, Jakob, David-Jan Jansen, McQuade, Peter, Samarina, Anna
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2019
• Subjects: Eurozone; Monetary policy; Netherlands; Ireland

This paper examines whether the increased use of macroprudential policies since the global financial crisis has affected the impact of (euro area and foreign) monetary policy on mortgage lending in Ireland and the Netherlands, which are both small open economies in the euro area. Using bank-level da...