Series: IMF Working Papers
Author(s): Plamen Iossifov , Martin Cihak , and Amar Shanghavi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2008
Keywords: equation, real estate, equations, regression analysis
We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation usi...