Boug, Pål; Hungnes, Håvard; Kurita, Takamitsu - 2021
The recent boom in house prices in many countries during the Covid-19 pandemic and the possibility of household … financial distress are of concern among some central banks. We revisit the empirical modelling of house prices and household … debt with a policy-oriented perspective using Norwegian data over the last four decades within the cointegrated VAR model …