Global Liquidity, House Prices, and the Macroeconomy : Evidence from Advanced and Emerging Economies /
In this paper we first compare house price cycles in advanced and emerging economies using a new quarterly house price data set covering the period 1990-2012. We find that house prices in emerging economies grow faster, are more volatile, less persistent and less synchronized across countries than i...
1. autor: | |
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Kolejni autorzy: | , |
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2015.
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Seria: | IMF Working Papers; Working Paper ;
No. 2015/023 |
Dostęp online: | Full text available on IMF |