Housing, housing finance, and monetary policy : [proceedings] / foreword Thomas M. Hoenig ; introduction Brent Bundick and Gordon H. Sellon, jr. ; moderators Otmar Issing and Martin Feldstein ; opening remarks Ben S. Bernanke ; participants Richard K. Green, Susan M. Wachter, Robert J. Shiller, Edward M. Gramlich, John N. Muellbauer, Frederic S. Mishkin, Stefan Ingves, Kazumasa Iwata, John B. Taylor ; comentary William r. White, Christopher J. Mayer, Frank Smets, Sydney C. Ludvigson and James D. Hamilton.

Foreword / Thomas M. Hohnicg, vii -- The contributors, ix -- Introduction / Brent Bundick and Gordon H. Sellon, xxi -- The moderators / Otmar Issing y Martin Feldstein, 1 -- Opening remarks / Ben S. Bernanke, 1 -- The housing finance revolution / Richard K. Green, Susan M. Wachter ; Commentary: William R. White, 21 -- General discussion, 85 -- Understanding recent trends in house prices and homeownership / Robert J. Shiller ; Commentary: Christopher J. Mayer, 89 -- General discussion, 139 -- Housing /s the business cycle / Edward E. Leamer ; Commentary: Frank Smets, 149 -- General discussion, 245 -- Four images of ned gramlich / David W. Wilcox, 253 -- Booms and busts: the case of subprime mortgages luncheon address / Edward M. Gramlich, 257 -- Housing, credit and consumer expenditure / John N. Muellbauer ; Commentary: Sydney C. Ludviceson, 267 -- General discussion, 351 -- Housing and the monetary Transmission mechanism / Frederic S. Mishkin ; Commentary: James D. Hamilton, 359 -- General discussion, 423 -- Housing and monetary policy / Stefan Ingves, Kazumasa Iwata y John B. Taylor, 433 -- Overview and concluding remarks / Martin Feldstein, 489 -- The participants, 501.