The Contribution of Housing Markets to Cyclical Resilience

Pietro Catte, Nathalie Girouard, Robert Price () and Christophe André
Additional contact information
Robert Price: OECD

OECD Economic Studies, 2005, vol. 2004, issue 1, 125-156

Abstract: This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the factors behind house price variability, which help to determine whether the housing sector plays a stabilising role or not.

Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://doi.org/10.1787/eco_studies-v2004-art6-en (text/html)
Full text available to READ online. PDF download available to OECD iLibrary subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:ecokaa:5lgxvrd9vwg6

Access Statistics for this article

More articles in OECD Economic Studies from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().