The Relative Price of Housing and Subsequent GDP Growth in the USA

In the USA a high relative price of housing is associated with log GDP growth over the following 5 years. It is possible to forecast the great recession using this pattern and a trend both estimated with 20th century data. The forecast recession is even more severe than the actual recession

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Year of publication:	2019
Authors:	Waldmann, Robert
Publisher:	[2019]: [S.l.] : SSRN
Subject:	USA \| United States \| Wirtschaftswachstum \| Economic growth \| Nationaleinkommen \| National income \| Immobilienpreis \| Real estate price \| Immobilienmarkt \| Real estate market \| Relativer Preis \| Relative price

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Extent:	1 Online-Ressource (13 p)
Series:	CEIS Working Paper ; No. 475, November 2019
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 22, 2019 erstellt
Other identifiers:	10.2139/ssrn.3495585 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012858518