House price responsiveness of housing investments across major European economies

Research, Preprint English OPEN
Gattini, Luca; Ganoulis, Ioannis;
  • Publisher: Frankfurt a. M.: European Central Bank (ECB)
  • Subject: E22 | elasticity | co-integration | Housing investments | co-integration, elasticity, error-correction mechanism, Housing investments | error-correction mechanism | R30 | C2
    • ddc: ddc:330

In comparison with the large literature on house prices, housing investments have been studied far less. This paper investigates the behaviour of private residential investments for the six largest European economies, namely: Germany, France, Italy, Spain, the Netherlan... View more
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