Series: IMF Working Papers
Author(s): Philippe Bracke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2011
Keywords: Housing Cycles, House Prices, Duration Dependence, dependence, equation, probability, statistics, descriptive statistics, Duration Analysis,
This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length dist...