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Housing Markets in Europe

A Macroeconomic Perspective

Produktform: E-Buch Text Elektronisches Buch in proprietärem

During the recession in the years 2008-2009, the most severe for mature economies in the post-war period, housing markets were often mentioned as having a special responsibility. The objective of this book is to shed light on the cyclical behaviour of the housing markets, its fundamental determinants in terms of supply and demand characteristics, and its relationship with the overall business cycle. The co-movements of house prices across countries are also considered, as well as the channel of transmission of house price changes to the rest of the economy. Particular attention is paid to the effects on private consumption, through possible wealth effects. The book is a compilation of original papers produced by economists and researchers from the four main national central banks in the euro area, also with the participation of leading academics.weiterlesen

Elektronisches Format: PDF

Sprache(n): Englisch

ISBN: 978-3-642-15340-2 / 978-3642153402 / 9783642153402

Verlag: Springer Berlin

Erscheinungsdatum: 14.10.2010

Seiten: 406

Herausgegeben von Olivier de Bandt, Thomas Knetsch, Juan Peñalosa, Francesco Zollino

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