Purpose: This study aims to determine how the prices of residential properties in the Greek real estate sector are affected by their structural characteristics and by the prevailing economic factors during recession. Design/methodology/approach: Based on 13,835 valuation reports for the city of...

E6, H6, H3 </AbstractSection> Copyright Tagkalakis; licensee Springer. 2013

This paper explores in a yearly panel of nineteen OECD countries from 1970-2002 the effects of fiscal policy changes on private consumption in recessions and expansions. In the presence of binding liquidity constraints on households, fiscal policy is more effective in boosting private...