purpose, we estimate a VAR model for the U.S. and use sign restrictions to identify house price expectation, housing supply …, housing demand, and mortgage rate shocks. House price expectation shocks are the most important driver of the boom and account …

role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for … estimation. Our results indicate that Indian exports are sensitive to international relative-price competitiveness, world demand …, and energy shortages. In addition, binding supply-side constraints (notably energy shortages) dampen price responsiveness …

discovery of oil in 2015. In line with the growing demand for housing, commercial banks' housing loans have increased, prompting …

(encompassing both demand and supply channels) to highlight the impact of a 'slow-moving' structural vulnerability-financial market …

regions, and avoid the over-supply of houses, are critical to stabilize house prices with a shrinking population …

We test whether foreign demand matters for local house prices in the US using an identification strategy based on the … proxy for a strong and exogenous shift in foreign demand, we show that house prices rise disproportionately more in … experienced the strongest foreign demand shocks and the biggest drop in affordability between 2000 and 2017. Our findings suggest …

macroeconomic severity of bursting bubbles, even if they exist. These include the setting of land supply and prices by the …