Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055276 | Economic Modelling | 2012 | 6 Pages |
Abstract
⺠We study the dynamics of Greek house prices and selected macroeconomic fundamentals. ⺠We apply the asymmetric ARDL cointegration methodology (Shin et al., 2011). ⺠Ignoring the intrinsic nonlinearities may lead to misleading inference. ⺠The response of house prices is asymmetric in the long- and short-run time horizons.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Constantinos Katrakilidis, Emmanouil Trachanas,