Foreign Demand and Local House Prices : Evidence from the US /

We test whether foreign demand matters for local house prices in the US using an identification strategy based on the existence of 'home bias abroad' in international real estate markets. Following an extreme political crisis event abroad, a proxy for a strong and exogenous shift in foreig...

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Detaylı Bibliyografya
Yazar: Puy, Damien
Diğer Yazarlar: Ari, Anil, Shi, Yu
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2020.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2020/043
Online Erişim:Full text available on IMF