Threshold effects of housing affordability and financial development on the house p rice‐consumption nexus

The study explores the asymmetric effect of housing and financial wealth on household consumption behaviour using panel data from 24 OECD countries, spanning the period 2000–2016 by employing a financial development (FD) index (proxy for financial deepening) and the house price‐to‐income (HPI) ratio...

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Veröffentlicht in:International journal of finance and economics 2022-04, Vol.27 (2), p.1785-1806
Hauptverfasser: Coskun, Esra Alp, Apergis, Nicholas, Coskun, Yener
Format: Artikel
Sprache:eng
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