Cotter, John; Gabriel, Stuart; Roll, Richard - Volkswirtschaftliche Fakultät, … - 2011
This paper explores integration and contagion among US metropolitan housing markets. The analysis applies Federal … U.S. housing market integration. It then identifies statistical jumps in metropolitan house price returns as well as MSA … MSA house price spatial dynamics. A R-squared measure reveals an upward trend in MSA housing market integration over the …