The Contribution of Housing Markets to Cyclical Resilience:

This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage markets. The paper focuses specifically on: the tran...

Full description

Saved in:
Bibliographic Details
Main Author: Catte, Pietro (Author)
Other Authors: Girouard, Nathalie (Contributor), Price, Robert (Contributor), André, Christophe (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2005
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
Volltext
Summary:This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the factors behind house price variability, which help to determine whether the housing sector plays a stabilising role or not
Physical Description:1 Online-Ressource (44 Seiten)
DOI:10.1787/eco_studies-v2004-art6-en

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text