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- W1551878189 abstract "Using a number of advanced statistical methods, this paper analyses the convergence and spillover effects of house prices across UK regions. In contrast to the single steady state often assumed in modern macroeconomic analyses, we find that house prices across UK regions can be grouped into four clusters, confirming the heterogeneity and complexity of the UK housing market. Moreover we document the dynamics of house price spillovers across regions." @default.
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- W1551878189 date "2015-12-01" @default.
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- W1551878189 title "UK house price convergence clubs and spillovers" @default.
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- W1551878189 doi "https://doi.org/10.1016/j.jhe.2015.10.003" @default.
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