Šonje, Amina Ahec; Casni, Anita Ceh; Vizek, Maruška - In: Post-Communist Economies 24 (2012) 1, pp. 73-85
This article analyses the relationship between housing wealth and consumption for four European post-transition economies: Bulgaria, Croatia, Estonia and the Czech Republic. We use a vector error correction model and a threshold error correction model in order to asses the long-run and the...