Myeong-Soo, Kim; Coulson, N. Edward - In: International Economic Journal 13 (1999) 1, pp. 57-70
In this study, sources of economic fluctuations in the housing market are investigated using U.S. data. A structural VAR (vector autoregressive) model is set up with a new method of ordering the residuals introduced by swanson and granger (1997) that is based on an analysis of the...