It takes the average reader and 34 minutes to read Interest Rate Elasticity of Residential Housing Prices by Mr.Martin Cihak
Assuming a reading speed of 250 words per minute. Learn more
We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation using a consistent estimator in the presence of endogenous explanatory variables and a lagged dependent variable. Second, we carry-out a novel analysis of determinants of residential housing prices in a cross-section of countries. Our results show that the short-term interest rate, and hence monetary policy, has a sizable impact on residential housing prices.
Interest Rate Elasticity of Residential Housing Prices by Mr.Martin Cihak is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Interest Rate Elasticity of Residential Housing Prices aloud.
Interest Rate Elasticity of Residential Housing Prices is suitable for students ages 8 and up.
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