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Courakis, Anthony S. (ed.) - 1981

Persistent link: https://www.econbiz.de/10000073850

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Houses as Collateral: Has the Link between House Prices and Consumption in the U.K. Changed?

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Significant attention is paid by policymakers in the UnitedKingdom to the relationship between house prices, thebusiness cycle, and inflation, on account of the pronouncedprocyclical pattern of house prices. Are house prices asymptom of macroeconomic conditions? Or are thereimportant feedback...

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