Series: IMF Working Papers
Author(s): Vahram Stepanyan , Tigran Poghosyan , and Aidyn Bibolov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2010
Keywords: House prices, pooled mean group estimator, the Former Soviet Union, remittances, statistics, logarithm, data analysis, Urban, Rural, and Regional Economics: Housing Demand
This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our...