Showing 1 - 10 of 187
Les prix des logements ont sensiblement augmenté au Canada au cours des dix dernières années, portant la dette des ménages et la construction de logements à des points hauts historiques. Bien que le durcissement de la politique macroprudentielle ait ralenti la croissance des emprunts des...
Persistent link: https://www.econbiz.de/10012454769
Comme l’a montré la crise actuelle, les marchés immobiliers sont à l’origine de chocs macroéconomiques importants, ce qui justifie un suivi régulier du double point de vue de la politique monétaire et de la stabilité financière.
Persistent link: https://www.econbiz.de/10009209783
Le logement joue un rôle de premier plan dans l’économie de par son importance pour la dépense et le patrimoine des ménages, le bien-être, et aussi en raison de ses retombées sur les performances scolaires et l’emploi, et sur le cycle d’activité. Depuis un demi-siècle,...
Persistent link: https://www.econbiz.de/10012442405
Although it is frequent, discontinuous (leapfrog) development has rarely been addressed by the literature, because traditional models are unable to conceive diverse urban forms. This article is a survey of theoretical explanations of discontinuous development. It follows two parts. First, taking...
Persistent link: https://www.econbiz.de/10005379194
Persistent link: https://www.econbiz.de/10008551707
Although it is frequent, discontinuous (leapfrog) development has rarely been addressed by the literature, because traditional models are unable to conceive diverse urban forms. This article is a survey of theoretical explanations of discontinuous development. It follows two parts. First, taking...
Persistent link: https://www.econbiz.de/10005697640
Aux États-Unis, l’information issue des séries financières, qui reflètent les anticipations des agents basées sur l’information économique disponible, permet de bien prévoir la survenance de retournements conjoncturels.
Persistent link: https://www.econbiz.de/10009220164
This article puts forward a framework based primarily on probabilistic tools to analyse the nature of housing loan … cycles in France. The continued high growth rate of housing loans may indeed raise concerns as to the duration and … many respects. One the one hand, it is the longest housing loans cycle observed over the last thirty years, while its …
Persistent link: https://www.econbiz.de/10004998836
This article aims at estimating leading indicators of the American economy with financial variables. We use two types of hidden Markov chains models, a quantitative one (Krolzig (1997)) and a qualitative one (Gregoir and Lenglart (2000)). These models provide a robust and reliable framework to...
Persistent link: https://www.econbiz.de/10005056509
In this paper, we try to illustrate the interest of the Bayesian approach for the evaluation of economic policies, often realised by analysing the response of the economy to a standard shock. We present a Stochastic Dynamic General Equilibrium model for the euro area. The Bayesian estimation...
Persistent link: https://www.econbiz.de/10005034721