Three Cycles : Housing, Credit, and Real Activity /

We examine the characteristics and comovement of cycles in house prices, credit, real activity and interest rates in advanced economies during the past 25 years, using a dynamic generalized factor model. House price cycles generally lead credit and business cycles over the long term, while in the sh...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Tamirisa, Natalia
Kolejni autorzy: Igan, Deniz, Kabundi, Alain, Nadal De Simone, Francisco
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2009.
Seria:IMF Working Papers; Working Paper ; No. 2009/231
Dostęp online:Full text available on IMF