• Asymmetric effects of monetary policy in regional housing markets 

      Aastveit, Knut Are; Anundsen, André Kallåk (Journal article; Peer reviewed, 2021)
      The responsiveness of house prices to monetary policy shocks depends on the nature of the shock—expansionary versus contractionary—and on local housing supply elasticities. These findings are established using a panel of ...
    • Has the Fed Responded to House and Stock Prices? A Time-Varying Analysis 

      Aastveit, Knut Are; Furlanetto, Francesco; Loria, Francesca (Journal article; Peer reviewed, 2021)
      We investigate whether the Federal Reserve has responded systematically to house and stock prices and whether this response has changed over time using a Bayesian structural VAR model with time-varying parameters and ...
    • Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting 

      Aastveit, Knut Are; McAlinn, Kenichiro; Nakajima, Jouchi; West, Mike (Working paper, 2019)
      We present new methodology and a case study in use of a class of Bayesian predictive synthesis (BPS) models for multivariate time series forecasting. This extends the foundational BPS framework to the multivariate setting, ...