| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7355896 | Investigación Económica | 2016 | 22 Pages |
Abstract
A model of dynamic interplay between the real estate cycle and dynamic population in Spain is analyzed for the period 1986-2015. The empirical evidence is evaluated according to the traditional methodology of time series studies. A model error correction (MEC) that allows to consider the dynamic adjustment of the variable short and long term is specified. The domain of the long-term effect on the short term is evaluated. The resulting model detects a long-term equilibrium between the two series, cointegrating equation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Montserrat DÃaz Fernández, Mar Llorente Marrón, Paz Méndez RodrÃguez,