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...

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Bibliografske podrobnosti
Glavni avtor: Cesa-Bianchi, Ambrogio
Drugi avtorji: Cespedes, Luis Felipe, Rebucci, Alessandro
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2015.
Serija:IMF Working Papers; Working Paper ; No. 2015/023
Online dostop:Full text available on IMF