Hiebert, Paul; Vansteenkiste, Isabel - 2009
This paper empirically assesses the prospects for house price spillovers in the euro area, where co-movement in house … 10 euro area countries (Belgium, Germany, Ireland, Spain, France, Italy, the Netherlands, Austria, Portugal and Finland …) over the period 1989-2007. The results suggest limited house price spillovers in the euro area, with evidence of some …