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Three Cycles.

We examine the characteristics and comovement of cycles in house prices, credit, real activity and interest rates in advanced economies during the past 25 years, using a dynamic generalized factor model. House price cycles generally lead credit and business cycles over the long term, while in the sh...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Tamirisa, Natalia T.
Other Authors: Kabundi, Alain N., Igan, Deniz, Nadal-De Simone, Francisco, Pinheiro, Marcelo
Format: Electronic eBook
Language:Inglés
Published: Washington : International Monetary Fund, 2009.
Series:IMF Working Papers.
Subjects:
Online Access:Texto completo