Why are house prices in many advanced economies rising faster than incomes? Why isn't
land and location taught or seen as important in modern economics? What is the …

Housing is a major component of wealth. Since house prices fluctuate considerably over
time, it is important to understand how these fluctuations affect households' consumption …

This study looks at the characteristics and determinants of booms and busts in housing
prices for a sample of eighteen industrialised countries over the period 1980–2007. From an …

We document three facts concerning how the structure of housing finance affects the
monetary transmission mechanism: first, the characteristics of residential mortgage markets …

This paper examines the long-term impact and short-term dynamics of macroeconomic
variables on international housing prices. Since adequate housing market data are …

We examine the extent to which markets enable the provision of housing finance across a
wide range of countries. Housing is a major purchase requiring long-term financing, and the …

Employing time series econometrics this study shows that there has been a significant two-
way interaction between housing prices and housing loan stock in Finland since the …

This paper analyzes the duration of house price upturns and downturns in the last 40 years
for 19 OECD countries. Both upturns and downturns display duration dependence: they are …

This study uses a newly developed bubble detection method (Phillips, Shi, and Yu, 2011) to
identify real estate bubbles in the Hong Kong residential property market. Our empirical …

Makroekonomi literatüründe konut iktisadı ile ilgili çalışmaların sayısı gittikçe artmaktadır.
Özellikle finansal küreselleşme ile birlikte artan sermaye akımlarının ilgi duyduğu alanlara …