House Price Synchronization and Financial Openness : A Dynamic Factor Model Approach /

This paper investigates the developments in house price synchronization across countries by a dynamic factor model using a country- and city-level dataset, and examines what drives the synchronization. The empirical results indicate that: (i) the degree of synchronization has been rising since the 1...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Katagiri, Mitsuru
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2018.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2018/209
विषय:
ऑनलाइन पहुंच:Full text available on IMF