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...

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Detalhes bibliográficos
Autor principal: Bracke, Philippe
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
coleção:IMF Working Papers; Working Paper ; No. 2011/231
Assuntos:
Acesso em linha:Full text available on IMF