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...
| Hlavní autor: | |
|---|---|
| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2015/023 |
| On-line přístup: | Full text available on IMF |