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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Samiei, Hossein
Beste egile batzuk: Schinasi, Garry
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1994.
Saila:IMF Working Papers; Working Paper ; No. 1994/012
Sarrera elektronikoa:Full text available on IMF