Against the background of recent house price increases in several European countries, the OeNB organized a workshop entitled "Are House Prices Endangering Financial Stability? If So, How Can We Counteract This?" It was held in Vienna on October 9 and 10, 2014. The workshop contributions...

The large movements in residential property prices in emerging markets observed over the past decade have raised interest in housing market developments. Within a cointegration framework applied to an unbalanced panel, we assess the relationship between residential property price developments,...