Do the global stochastic trends drive the real house prices in OECD countries?
2014
Karaman Örsal, Deniz Dilan
This paper demonstrates that in the long-run the main determinants of the real housing prices for a panel dataset comprising the quarterly observations of 12 OECD countries are the real GDP per capita and the real interest rate along with the global stochastic trends.
Show more [+] Less [-]AGROVOC Keywords
Bibliographic information
Publisher
Elsevier B.V.
Other Subjects
E39; Global stochastic trends; Rank test; Panel cointegration; Cross-sectional dependence; Common factors
Language
English
Type
Journal Article; Text
2024-02-29
MODS
Data Provider
This bibliographic record has been provided by National Agricultural Library
If you notice any incorrect information relating to this record, please contact us at [email protected]