000 01829cam  2200313za 4500
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008180411s2018    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-7/2018-8E-PDF
1001 |aKhan, Mikael.
24510|aPersonal experiences and house price expectations |h[electronic resource] : |bevidence from the Canadian Survey of Consumer Expectations / |cby Mikael Khan and Matthieu Verstraete.
260 |a[Ottawa] : |bBank of Canada, |cc2018.
300 |a5 p. : |bcol. chart.
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-8
500 |aCover title.
504 |aIncludes bibliographical references.
5203 |a"In this work, we use novel Canadian survey data to study how expectations of future changes in house prices are influenced by personal experiences. We find that recentlyexperienced changes in local house prices are routinely extrapolated into expectations ofyear-ahead changes in national house prices. In addition, individuals who have experienced higher volatility in house price changes in the recent past are more uncertain about their expectations of future house price changes. Our results are broadly consistent with those from related work using the Survey of Consumer Expectations conducted by the Federal Reserve Bank of New York"--Abstract.
546 |aIncludes abstract in French.
69207|2gccst|aHousing
69207|2gccst|aPrices
7001 |aVerstraete, Matthieu.
7102 |aBank of Canada.
830#0|aStaff analytical note,|x2369-9639 ; |v2018-8.|w(CaOODSP)9.807323
85640|qPDF|s713 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-8-eng.pdf