Real Estate Price Inflation, Monetary Policy, and Expectations in the United States and Japan /

During the mid- to late 1980s, inflationary pressures were highly concentrated in asset markets in many industrial countries. This paper discusses why this may have occurred and then develops a forward-looking supply and demand model of the real estate market in which equilibrium prices depend on pr...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Samiei, Hossein
مؤلفون آخرون: Schinasi, Garry
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1994.
سلاسل:IMF Working Papers; Working Paper ; No. 1994/012
الوصول للمادة أونلاين:Full text available on IMF