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

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Do the global stochastic trends drive the real house prices in OECD countries? / Karaman Örsal, Deniz.
In: Economics Letters, Vol. 123, No. 1, 04.2014, p. 9-13.

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@article{0c1c1c6c9b964015a76469a024f67190,
title = "Do the global stochastic trends drive the real house prices in OECD countries?",
abstract = "This paper demonstrates that in the long-run the main determinants of the realhousing 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.",
keywords = "Economics, common factors, cross-sectional dependence, global stochastic trends, panel cointegration, rank test",
author = "{Karaman {\"O}rsal}, Deniz",
year = "2014",
month = apr,
doi = "10.1016/j.econlet.2014.01.007",
language = "English",
volume = "123",
pages = "9--13",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier B.V.",
number = "1",

}

RIS

TY - JOUR

T1 - Do the global stochastic trends drive the real house prices in OECD countries?

AU - Karaman Örsal, Deniz

PY - 2014/4

Y1 - 2014/4

N2 - This paper demonstrates that in the long-run the main determinants of the realhousing 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.

AB - This paper demonstrates that in the long-run the main determinants of the realhousing 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.

KW - Economics

KW - common factors

KW - cross-sectional dependence

KW - global stochastic trends

KW - panel cointegration

KW - rank test

UR - http://www.scopus.com/inward/record.url?scp=84893371557&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/723cdb23-bac8-3fd9-b65f-c2a78745eaa9/

U2 - 10.1016/j.econlet.2014.01.007

DO - 10.1016/j.econlet.2014.01.007

M3 - Journal articles

VL - 123

SP - 9

EP - 13

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 1

ER -