Interest rate elasticity of residential housing prices / prepared by Plamen Iossifov, Martin Čihák, and Amar Shanghavi.
We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation using a consistent estimator in the presence of endogenous explanatory variables and a la...
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Main Authors: | , , |
Corporate Author: | |
Format: | eBook |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
©2008.
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Series: | IMF working paper ;
WP/08/247. |
Subjects: |
Internet
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HG3881.5.I58 W67 NO.08/247
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HG3881.5.I58 W67 NO.08/247 | Available |