Matches in SemOpenAlex for { <https://semopenalex.org/work/W2063549799> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W2063549799 endingPage "127" @default.
- W2063549799 startingPage "116" @default.
- W2063549799 abstract "The long-term euro area house price equilibrium and its short-term dynamics are estimated by means of a panel error correction model. The estimates show that the short-term dynamics are essentially driven by the autoregressive term (persistence), disposable income and mortgage loans, whereas interest rates have little effect. The long-term house price equilibrium is mainly driven on the demand side by disposable income, interest rates, and mortgage loans, whereas costs (mostly land) drive the equilibrium on the supply side. The unprecedented long-lasting boom in house prices from 1997 to 2007 is thus essentially explained by a favourable macroeconomic development caused by the EMU effect and a glut of global savings. The bust phase of euro area house prices began in 2007, and the current house price might return to its equilibrium level in 2014. According to the most realistic scenario, euro area house prices will experience a smooth and soft landing in 2016 and then begin an increasing phase that will be pulled upwards by a higher equilibrium price. However, a deflationary scenario cannot be excluded if the current credit squeeze is not solved, particularly in the peripheral euro area member states." @default.
- W2063549799 created "2016-06-24" @default.
- W2063549799 creator A5000471967 @default.
- W2063549799 date "2014-10-01" @default.
- W2063549799 modified "2023-10-02" @default.
- W2063549799 title "Will euro area house prices sharply decrease?" @default.
- W2063549799 cites W1969057730 @default.
- W2063549799 cites W1983193424 @default.
- W2063549799 cites W1988730537 @default.
- W2063549799 cites W2003940265 @default.
- W2063549799 cites W2035777923 @default.
- W2063549799 cites W2052115379 @default.
- W2063549799 cites W2065293388 @default.
- W2063549799 cites W2065554538 @default.
- W2063549799 cites W2071434239 @default.
- W2063549799 cites W2082877040 @default.
- W2063549799 cites W2117513178 @default.
- W2063549799 cites W2119088054 @default.
- W2063549799 cites W2125331782 @default.
- W2063549799 cites W2143755098 @default.
- W2063549799 cites W2144920352 @default.
- W2063549799 cites W2146625812 @default.
- W2063549799 cites W2147422150 @default.
- W2063549799 cites W2157989656 @default.
- W2063549799 cites W2166051530 @default.
- W2063549799 cites W3121502300 @default.
- W2063549799 cites W3121534081 @default.
- W2063549799 cites W3122180081 @default.
- W2063549799 cites W3125600858 @default.
- W2063549799 doi "https://doi.org/10.1016/j.econmod.2014.06.004" @default.
- W2063549799 hasPublicationYear "2014" @default.
- W2063549799 type Work @default.
- W2063549799 sameAs 2063549799 @default.
- W2063549799 citedByCount "11" @default.
- W2063549799 countsByYear W20635497992016 @default.
- W2063549799 countsByYear W20635497992017 @default.
- W2063549799 countsByYear W20635497992018 @default.
- W2063549799 countsByYear W20635497992019 @default.
- W2063549799 countsByYear W20635497992021 @default.
- W2063549799 countsByYear W20635497992022 @default.
- W2063549799 crossrefType "journal-article" @default.
- W2063549799 hasAuthorship W2063549799A5000471967 @default.
- W2063549799 hasConcept C121332964 @default.
- W2063549799 hasConcept C126285488 @default.
- W2063549799 hasConcept C127413603 @default.
- W2063549799 hasConcept C139719470 @default.
- W2063549799 hasConcept C141441539 @default.
- W2063549799 hasConcept C149782125 @default.
- W2063549799 hasConcept C162324750 @default.
- W2063549799 hasConcept C2778929795 @default.
- W2063549799 hasConcept C2992949716 @default.
- W2063549799 hasConcept C556758197 @default.
- W2063549799 hasConcept C61797465 @default.
- W2063549799 hasConcept C62520636 @default.
- W2063549799 hasConcept C8112001 @default.
- W2063549799 hasConcept C87717796 @default.
- W2063549799 hasConceptScore W2063549799C121332964 @default.
- W2063549799 hasConceptScore W2063549799C126285488 @default.
- W2063549799 hasConceptScore W2063549799C127413603 @default.
- W2063549799 hasConceptScore W2063549799C139719470 @default.
- W2063549799 hasConceptScore W2063549799C141441539 @default.
- W2063549799 hasConceptScore W2063549799C149782125 @default.
- W2063549799 hasConceptScore W2063549799C162324750 @default.
- W2063549799 hasConceptScore W2063549799C2778929795 @default.
- W2063549799 hasConceptScore W2063549799C2992949716 @default.
- W2063549799 hasConceptScore W2063549799C556758197 @default.
- W2063549799 hasConceptScore W2063549799C61797465 @default.
- W2063549799 hasConceptScore W2063549799C62520636 @default.
- W2063549799 hasConceptScore W2063549799C8112001 @default.
- W2063549799 hasConceptScore W2063549799C87717796 @default.
- W2063549799 hasLocation W20635497991 @default.
- W2063549799 hasOpenAccess W2063549799 @default.
- W2063549799 hasPrimaryLocation W20635497991 @default.
- W2063549799 hasRelatedWork W1030603378 @default.
- W2063549799 hasRelatedWork W2013294400 @default.
- W2063549799 hasRelatedWork W2073767706 @default.
- W2063549799 hasRelatedWork W2142377964 @default.
- W2063549799 hasRelatedWork W2147001040 @default.
- W2063549799 hasRelatedWork W2152906063 @default.
- W2063549799 hasRelatedWork W2185717696 @default.
- W2063549799 hasRelatedWork W3028265157 @default.
- W2063549799 hasRelatedWork W3124023261 @default.
- W2063549799 hasRelatedWork W3125565219 @default.
- W2063549799 hasVolume "42" @default.
- W2063549799 isParatext "false" @default.
- W2063549799 isRetracted "false" @default.
- W2063549799 magId "2063549799" @default.
- W2063549799 workType "article" @default.