Macroeconomics and housing: a review of the literature
By C. Leung. 2004
373 citations recorded by the source corpus.
There is a relatively recent, growing recognition about the importance of the interactive nexus between and among housing markets and the macroeconomy. This paper provides a selective survey of the small but nascent research efforts focused upon interplay between the housing markets and macroeconomy. The discussion examines these lynchpin housing–macroeconomic nexus issues pertaining to housing taxation, housing cycles, and housing market–urban structural form.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/867f94c12e241020caaf66898405d857c7e8ca2c
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In Economics and Econometrics
- Zeno Adams
- Livio Stracca
- Panagiotis Printzis
- Tommaso Monacelli
- Roland Füss
- A. Calza
- Lu Jin
- Theodore Panagiotidis
Citations in the corpus
- Housing Finance and Monetary Policy (2009, methodology): “…recent academic contributions see Aoki, Proudman and Vlieghe (2004), Davies and Heathcote (2005), Iacoviello (2005) and the literature review by Leung (2004); for contributions from a policy perspective see ECB (2003), Catte et al. (2004), Girouard and Blöndal (2001), BIS (2004) and IMF (2005,…”
- Macroeconomic Determinants of International Housing Markets (2010, background): “Furthermore, an error correction 1 For a recent and comprehensive literature overview see Leung (2004).”
- On the macroeconomic determinants of the housing market in Greece: a VECM approach (2016, background): “Further related literature includes Leung, 2004; Goodhart and Hofmann, 2008; Panagiotidis et al, 2008; Iacoviello and Pavan, 2011.”
- Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter? (2007, background): “Nt = Nc;t +Nd;t (33) e Nt = e Nc;t + e Nd;t (34)”
- Detecting bubbles in Hong Kong residential property market (2013, methodology): “(2001) and Leung (2004). Furthermore, from an empirical perspective, it may be difficult to differentiate the bubble dynamics from the dynamics generated”