Showing 1 - 10 of 18,441
-collapsing episodes of explosiveness for a panel of 23 countries from the Federal Reserve Bank of Dallas’ International House Price … dynamic panel logit/probit framework whether macro fundamentals—and, more specifically, financial variables—help predict …
Persistent link: https://www.econbiz.de/10012851645
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This paper aims to achieve two objectives. First, we demonstrate that with respect to business cycle frequency (Burns and Mitchell, 1946), there was a general decrease in the association between macroeconomic variables (MV) and housing market variables (HMV) following the global financial crisis...
Persistent link: https://www.econbiz.de/10011845769
In this paper we examine house price synchronization in 15 global cities using real house price data from 1995:Q1-2020:Q2. We find that although there is evidence for bilateral positive phase synchronization, there is no evidence for an integrated global housing market for our sample of cities....
Persistent link: https://www.econbiz.de/10013232364
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estimation of this relationship at the mean employing longitudinal data, with the typical finding supporting the inverted U shape …. Conditional mean estimation, however, can mask heterogeneities present at higher and/or lower quantiles of the emissions …'' distribution, in addition to being more sensitive to the presence of outliers. We apply methods for conditional-quantile panel …
Persistent link: https://www.econbiz.de/10013095652
been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 … Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing … counterparts. -- Technology spillovers ; trade ; investment ; panel cointegration …
Persistent link: https://www.econbiz.de/10003656226
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This paper introduces a new international longitudinal database of governmental housing policies. The regulations are measured using binary variables based on a thorough analysis of the real-time country-specific legislation. Three major restrictive policies are considered: rent control,...
Persistent link: https://www.econbiz.de/10012930974