The role of housing activity:a case of major developed countries
Housing activity is an important indicator of general economic activity, and house price movements are an important variable in international financial markets. In this paper we utilise Vector Autoregressive (VAR) models to examine how the interrelationship between housing activity and general economic activity has evolved in four OECD countries. Our results provide support for the hypothesis that the relationship between housing activity and general economic activity has changed in many OECD...[Show more]
|Collections||ANU Research Publications|
|Source:||International Journal of Management and Enterprise Development|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.