Número:
942
Publicado:
Clasificación JEL:
G01, G12, C22
Palabras clave:
Housing Bubbles, International Migration of Bubbles, Recursive Right-Tailed Unit Root Tests
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Juan Sebastián Mariño-Montaña, Daniela Rodriguez-Novoa, Camilo Eduardo Sánchez-Quinto
Camilo Gómez, Mariana Escobar-Villarraga, Ligia Alba Melo-Becerra, Hector Manuel Zárate-Solano
We study the existence and international migration of housing market bubbles, using quarterly information of twenty OECD countries for the period comprised between 1970 and 2015. We find that housing bubbles are present in all the countries included in ou