How Long Do Housing Cycles Last? : a Duration Analysis for 19 OECD Countries /
This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference disappears...
Glavni autor: | |
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Format: | Žurnal |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2011.
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Serija: | IMF Working Papers; Working Paper ;
No. 2011/231 |
Teme: | |
Online pristup: | Full text available on IMF |