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- W2016049908 abstract "We analyze the relationship between housing and the business cycle in a set of 51 U.S. cities. Most surprisingly, we find that declines in house prices are often not followed by declines in employment. We also find that national permits are a better leading indicator for a city’s employment than a city’s own permits." @default.
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- W2016049908 date "2009-01-01" @default.
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- W2016049908 title "Is Housing the Business Cycle? Evidence from U.S. Cities" @default.
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- W2016049908 doi "https://doi.org/10.20955/wp.2009.007" @default.
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