Predicting Downside Risks to House Prices and Macro-Financial Stability /
This paper predicts downside risks to future real house price growth (house-prices-at-risk or HaR) in 32 advanced and emerging market economies. Through a macro-model and predictive quantile regressions, we show that current house price overvaluation, excessive credit growth, and tighter financial c...
Autor principal: | |
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Outros Autores: | , , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2020.
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coleção: | IMF Working Papers; Working Paper ;
No. 2020/011 |
Acesso em linha: | Full text available on IMF |