Global House Price Fluctuations : Synchronization and Determinants /

We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, what are the main shocks driving movements in global house prices? To address these que...

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Hlavní autor: Hirata, Hideaki
Další autoři: Kose, Ayhan, Otrok, Christopher, Terrones, Marco
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2013.
Edice:IMF Working Papers; Working Paper ; No. 2013/038
On-line přístup:Full text available on IMF