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  • 标题:The Effect of House Prices on Growth
  • 本地全文:下载
  • 作者:Ewald Walterskirchen
  • 期刊名称:Economic Assessment of the Euro Area / Euroframe
  • 出版年度:2006
  • 卷号:AUT
  • 出版社:The Economic and Social Research Institute
  • 摘要:During the last decade, disparities of growth rates have been widening between the ¡°Anglo-Scandinavian¡± countries and the Euro area. A hypothesis to explain these growth differentials is the development of house prices and their effect on consumption. In the period 1995 to 2005, the development of house prices may be considered as a major determinant of growth differentials in the European Union.
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