What drives housing price dynamics: cross-country evidence

By Kostas Tsatsaronis, Haibin Zhu. 2004

595 citations recorded by the source corpus.

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Citations in the corpus

Recent House Price Developments (2006, background): “See van den Noord (2005) for further details on the methodology and Cournède (2005) for an application to the euro area.”
Housing Finance and Monetary Policy (2009, background): “Additional information is drawn fromAhearne et al. (2005), Catte et al. (2004), Debelle (2004), Girouard and Blöndal (2001), Muellbauer and Murphy (2008), Seko (1994) and Tsatsaronis and Zhu (2004).”
On the macroeconomic determinants of the housing market in Greece: a VECM approach (2016, background): “Tsatsaronis and Zhu (2004) using data from 17 industrialized countries and through variance decomposition concluded that the long-term contribution of GDP doesn’t exceed the 10% of the total variation of housing price.”
Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter? (2007, background): “8A more formal clustering exercise is pursued by Tsatsaronis and Zhu (2004), who group various national mortgage markets according to a set of institutional characteristics such as LTV ratios, the use of market or historical prices to value collateral and the extent of home equity release.”
Monetary policy, asset prices and macroeconomic conditions: a panel-VAR study. NBB Working Papers. No. 149, 16 October 2008 (2008, result): “16 We note that despite the difference in data sources, the patterns are comparable to those reported in Tsatsaronis and Zhu (2004) and Ahearne et al. (2005).”
Housing Finance in the Euro Area (2009, background): “This conclusion is confi rmed in Van den Noord (2003) and 15 Neuteboom (2004).”
Monetary Policy, Term Structure and Asset Return: Comparing REIT, Housing and Stock (2011, background): “Tsatsaronis and Zhu (2004) also find that the short rate and the spread have very different impact on the housing prices in a cross-country study.”
Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism? (2008, unknown): “From this perspective, for instance, the nature of contractual arrangements, such as the balance between fixed-rate and variable-rate lending or collateral practices, acquire particular significance (BIS (1995), Borio (1997), Campbell and Cocco (2003), Tsatsaronis and Zhu (2004)).”
Do the elderly reduce housing equity? An international comparison (2010, unknown): “Some of these variables are reported in Table 4: an index of mortgage market regulation (taken from Tsatsaronis and Zhu, 2004), as a proxy for limited mortgage market development, an index of economy-wide regulation (Nicoletti and Scarpetta, 2003) covering many different regulatory areas, property…”
Why is the German Homeownership Rate so Low? (2009, background): “Tsatsaronis & Zhu (2004) and Jäger & Voigtländer (2006) point out that mortgage markets with a dominance of variable interest rates are more volatile.”
Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices (2008, unknown): “3 Sutton (2002) and Tsatsaronis and Zhu (2004) also estimate VARs incorporating residential property prices for a range of countries.”