Non-linear modelling of the relationship between price movements in the OECD housing markets and significant economic activities
Housing activity is an important indicator of general economic activity, and house price movements are an important variable in international financial markets. In this chapter we utilise vector autoregressive 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:||Research in Finance|
|01_O'Neill_Non-linear_modelling_of_the_2009.pdf||1.22 MB||Adobe PDF||Request a copy|
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