Gauging Housing Supply in Canada: A Stock Approach
This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
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Schriftenreihe: | IMF Working Papers: Working Paper No. 15 / 128
|
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model is estimated at the provincial level over the period 1980-2013 to estimate a measure of housing stock desequilibrium. The model predicts an excess supply in the order of ½ percent above the housing stock level consistent with fundamentals as of 2013 |
Beschreibung: | 1 Online-Ressource (17 p) |
ISBN: | 1513577786 9781513577784 |
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spelling | Reynaud, Julien Verfasser aut Gauging Housing Supply in Canada A Stock Approach Reynaud, Julien Washington, D.C International Monetary Fund 2015 1 Online-Ressource (17 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers: Working Paper No. 15 / 128 This paper estimates Canada's housing stock to gauge the supply-side component of the recent exuberance in the Canadian housing sector. The paper adds to the current related literature by focusing on housing units and reconstructing housing stock and households series. An error correction model is estimated at the provincial level over the period 1980-2013 to estimate a measure of housing stock desequilibrium. The model predicts an excess supply in the order of ½ percent above the housing stock level consistent with fundamentals as of 2013 Online-Ausg http://www.elibrary.imf.org/view/IMF001/22618-9781513577784/22618-9781513577784/22618-9781513577784.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Reynaud, Julien Gauging Housing Supply in Canada A Stock Approach |
title | Gauging Housing Supply in Canada A Stock Approach |
title_auth | Gauging Housing Supply in Canada A Stock Approach |
title_exact_search | Gauging Housing Supply in Canada A Stock Approach |
title_exact_search_txtP | Gauging Housing Supply in Canada A Stock Approach |
title_full | Gauging Housing Supply in Canada A Stock Approach Reynaud, Julien |
title_fullStr | Gauging Housing Supply in Canada A Stock Approach Reynaud, Julien |
title_full_unstemmed | Gauging Housing Supply in Canada A Stock Approach Reynaud, Julien |
title_short | Gauging Housing Supply in Canada |
title_sort | gauging housing supply in canada a stock approach |
title_sub | A Stock Approach |
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