United in booms, divided in busts : regional house price cycles and monetary policy / Ulrich Roschitsch, Hannes Twieling.: FB3-5/2025-36E-PDF
"This paper shows that regional disparities in house price growth are more pronounced during house price busts than during booms. To explain this observation, we construct a two-region currency union model incorporating a housing sector and extrapolative belief updating regarding house prices. To solve this model, we propose a new method that efficiently handles extrapolative belief updating in a wide class of structural models"--Abstract, page ii.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.958819&sl=0
| Department/Agency |
|
|---|---|
| Title | United in booms, divided in busts : regional house price cycles and monetary policy / Ulrich Roschitsch, Hannes Twieling. |
| Series title |
|
| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
| Electronic document | |
| Note(s) |
|
| Publishing information |
|
| Author / Contributor |
|
| Description | 1 online resource (iii, 90 pages) : graphs. |
| Catalogue number |
|
| Subject terms |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.Page details
- Date modified: