What Drives House Prices in Australia? : A+L4584 Cross-Country Approach /

This paper analyzes the factors driving house prices in Australia from a cross-country perspective using several approaches. It uses a cointegration technique to estimate the long-run equilibrium house prices in Australia, New Zealand, and Canada and assesses the extent of a possible disequilibrium....

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Wang, Shengzu
Weitere Verfasser: Tumbarello, Patrizia
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/291
Online Zugang:Full text available on IMF