House prices, disposable income and permanent and temporary shocks: The NZ, UK and US experience
Purpose: The purpose of this paper is to compare responses of house prices in three important markets when faced with permanent and temporary shocks to income. It additionally decomposes each historical house price series into its permanent, temporary and deterministic components. Design/methodology...
| Main Authors: | , , |
|---|---|
| Format: | Journal Article |
| Published: |
Emerald Group Publishing Ltd.
2012
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/9374 |