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...
| Κύριος συγγραφέας: | |
|---|---|
| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1994.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 1994/012 |
| Διαθέσιμο Online: | Full text available on IMF |