A Retrospective Analysis of the House Prices Macro-Relationship in the United States

A Retrospective Analysis of the House Prices Macro-Relationship in the United States

This study provides empirical evidence on the strengthening of the impact of house prices on the US macroeconomy. The stability of the house prices macro-link is tested in a small-dimensional vector autoregressive model over the last fifty years. T...

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Bibliographic Details
Main Authors: Ahamada, Ibrahim, Diaz Sanchez, Jose Luis
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
ACCOUNTING
ASSET PRICE
BORROWING
BORROWING CONSTRAINTS
CENTRAL BANK
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMERS
CREDIT CONSTRAINTS
DEREGULATION
DEREGULATIONS
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISPOSABLE INCOME
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC CRISIS
ECONOMIC GROWTH
ENDOGENOUS VARIABLES
EXPENDITURE
EXPENDITURES
FEDERAL NATIONAL MORTGAGE ASSOCIATION
FEDERAL RESERVE
FINANCIAL INNOVATION
FINANCIAL SECTOR
FUTURE RESEARCH
GDP
GROSS DOMESTIC PRODUCT
GROWTH RATE
HOME EQUITY
HOME PRICE
HOUSEHOLD EXPENDITURES
HOUSES
HOUSING
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
INFLATION
INFLATION RATE
INTEREST RATES
MACROECONOMICS
MARGINAL PROPENSITY TO CONSUME
MARKET LIBERALIZATION
MONETARY POLICY
MORTGAGE
MORTGAGE CORPORATION
MORTGAGE LOANS
MORTGAGE MARKET
MORTGAGE MARKETS
MORTGAGE ORIGINATORS
POLITICAL ECONOMY
PRICE SERIES
PRICE STABILITY
PRICES INDEX
PRIVATIZATION
REAL ESTATE
REAL GROSS DOMESTIC PRODUCT
SAVINGS
SECONDARY MARKET
SECONDARY MARKETS
STOCK MARKET
STRUCTURAL CHANGE
TRANSACTION COSTS
WEALTH
vector autoregressive
Online Access:http://documents.worldbank.org/curated/en/2013/07/18052787/retrospective-analysis-house-prices-macro-relationship-united-states
http://hdl.handle.net/10986/15908

Internet

http://documents.worldbank.org/curated/en/2013/07/18052787/retrospective-analysis-house-prices-macro-relationship-united-states
http://hdl.handle.net/10986/15908

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