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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Online Access: Full Text (via ProQuest)
Main Authors: Iossifov, Plamen (Author), Čihák, Martin (Author), Shanghavi, Amar (Author)
Corporate Author: International Monetary Fund. African Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/247.
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Call Number: HG3881.5.I58 W67 NO.08/247
HG3881.5.I58 W67 NO.08/247 Available