Real House Prices in OECD Countries The Role of Demand Shocks and Structural and Policy Factors
This paper analyses the factors influencing the level and volatility of real house prices in a panel of OECD countries over the period 1980-2005. Results suggest that real house prices tend to rise proportionally with real household incomes, while declines in structural unemployment and real interes...
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Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
2010.
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Series: | OECD Economics Department Working Papers,
no.831. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706401606719 |