Early warning systems (EWS) for banking crises generally omit bank capital, bank liquidity
and property prices. Most work on EWS has been for global samples dominated by …

House prices in many advanced countries have moved in tandem during the past decade.
They first increased unusually rapidly prior to the global financial crisis, reaching in some …

This paper provides a systematic empirical analysis of the role of the housing market in the
macroeconomy in the US and the euro area. First, it establishes some stylised facts …

This paper investigates the international spillovers of housing demand shocks on real
economic activity. The global economy is modeled using a Global VAR, with a novel house …

This paper provides an empirical investigation of both the within-US and international
channels of transmission of macroeconomic and financial shocks by means of a 50-country …

The 2006 sudden and immense downturn in US house prices sparked the 2007 global
financial crisis and revived the interest about forecasting such imminent threats for economic …

Understanding the relationship between real estate price and macroeconomic variables in
developed countries is appreciated first by considering the housing role in the macro …

The current study examines the short-and long-term equilibrium relationship between the
stock price index (SPI) and the macroeconomic variables in Jordan. Annual time series data …

Regional housing prices may be dynamically linked and converge to a long-run equilibrium.
The level of connectedness can be used to describe systemic risk in the housing market …

This article applies a three-regime Markov switching model to investigate the impact of the
macroeconomy on the dynamics of the residential real estate market in the US. Focusing on …