Do the global stochastic trends drive the real house prices in OECD countries?

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

Authors

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.
OriginalspracheEnglisch
ZeitschriftEconomics Letters
Jahrgang123
Ausgabenummer1
Seiten (von - bis)9-13
Anzahl der Seiten5
ISSN0165-1765
DOIs
PublikationsstatusErschienen - 04.2014

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  • Likelihood-Basierte Panelkointegrationsmethodik und Ihre Anwendung in Makroökonomik und Finanzmaktanalyse

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