EconPapers    
Economics at your fingertips  
 

Conceptualising the Role of International Capital Flows for Housing Markets

Michael Richter and Johannes-Gabriel Werner ()
Additional contact information
Johannes-Gabriel Werner: Deutsche Bundesbank

Intereconomics: Review of European Economic Policy, 2016, vol. 51, issue 3, 146-154

Abstract: Abstract The existing literature on the role of international capital flows for housing markets can be classified into approaches which focus on the macro relationship between the current account and housing prices on the one hand and studies which specify more specific transmission channels on the other. Building on this literature, we conceptualise the role of international capital flows for housing markets via four central transmission channels. We suggest that by differentiating among these channels, the risk build-up potential of capital flows for housing markets can be evaluated more precisely than in the early literature on global imbalances.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s10272-016-0593-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:intere:v:51:y:2016:i:3:d:10.1007_s10272-016-0593-z

Ordering information: This journal article can be ordered from
http://link.springer.de/orders.htm

DOI: 10.1007/s10272-016-0593-z

Access Statistics for this article

Intereconomics: Review of European Economic Policy is currently edited by Christian Breuer

More articles in Intereconomics: Review of European Economic Policy from Springer, ZBW - Leibniz Information Centre for Economics, Centre for European Policy Studies (CEPS)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:intere:v:51:y:2016:i:3:d:10.1007_s10272-016-0593-z