Global House Price Fluctuations: Synchronization and Determinants photograph

Global House Price Fluctuations: Synchronization And Determinants

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Originally published 2012
Authors Christopher Otrok
M. Ayhan Kose
Hideaki Hirata
Marco E. Terrones
Date of Reg.
Date of Upd.
ID2180352
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About Global House Price Fluctuations: Synchronization And Determinants


We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, what are the main shocks driving movements in global house prices? . . .

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