What drives house price cycles? International experience and policy issues

The role of real estate during the global financial and economic crisis has prompted efforts to better incorporate housing and financial channels into macro models, improve housing models, develop macroprudential tools, and reform the financial system. This article provides an overview of major, rec...

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Bibliografski detalji
Glavni autori: Duca, JV, Muellbauer, J, Murphy, A
Format: Journal article
Jezik:English
Izdano: American Economic Association 2021