Eres : Digital Library : Works

Paper eres2001_161:
Housing and Business Cycle

id eres2001_161
authors Fernández, Ismael; Taltavull de la Paz, Paloma
year 2001
title Housing and Business Cycle
source 8th European Real Estate Society Conference (26-29 June 2001) Alicante, Spain
summary Housing investment is one of the component with more volatility inside the business cycle. This is a relationship showed but not demonstrated in Spanish economy. This paper try to deep in this way finding an econometric link explaining how housing construction is connected with the economic evolution in Spain as well as the lags existing between them. We use cointegration technique and error correction model to find time lags and give some economics explanations that show how Spanish housing market works and clear.
series ERES:conference
discussion No discussions. Post discussion ...
session Housing Market equilibrium
last changed 2009/07/10 18:07
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