The Drivers of Housing Cycles in Spain /
Since Spain joined the EMU, two main important factors behind the housing boom appear to be the decrease of nominal interest rates and demographic factors. In this paper we estimate a New Keynesian model of a currency area, using data for Spain and the rest of the EMU to study the importance of thos...
| Автор: | Rabanal, Pau |
|---|---|
| Інші автори: | Aspachs-Bracons, Oriol |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2009/203 |
| Онлайн доступ: | Full text available on IMF |
Схожі ресурси
-
Monetary Policy Rules and the U.S. Business Cycle : Evidence and Implications /
за авторством: Rabanal, Pau
Опубліковано: (2004) -
The Effects of Housing Prices and Monetary Policy in a Currency Union /
за авторством: Rabanal, Pau
Опубліковано: (2011) -
An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR /
за авторством: Rabanal, Pau
Опубліковано: (2018) -
Global Housing Cycles /
за авторством: Igan, Deniz
Опубліковано: (2012) -
Fundamental Drivers of House Prices in Advanced Economies /
за авторством: Geng, Nan
Опубліковано: (2018)