Article ID Journal Published Year Pages File Type
962089 Journal of Housing Economics 2011 16 Pages PDF
Abstract
► Euro area house price spillovers are analysed in a GVAR with housing demand variables. ► We use quarterly data for 7 countries (90% of euro area GDP) over 1971-2009. ► The results indicate limited spillovers on aggregate but strong country heterogeneity. ► There is a strong importance for economic or geographic weight in spillover magnitude.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Do house price developments spillover across euro area countries? Evidence from a global VAR
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