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Although the close empirical relationship between the evolution of mortgage lending and housing prices is well … cointegration techniques in order to address this issue empirically for the Greek economy. Our results, based on a cointegration … relationship that we identify as a mortgage loan demand equation, indicate that housing prices do not adjust to disequilibria in …
Persistent link: https://www.econbiz.de/10014206279
Although the close empirical relationship between the evolution of mortgage lending and housing prices is well … cointegration techniques in order to address this issue empirically for the Greek economy. Our results, based on a cointegration … relationship that we identify as a mortgage loan demand equation, indicate that housing prices do not adjust to disequilibria in …
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