Jungbacker, Borus; Koopman, Siem Jan; Wel, Michel van der - School of Economics and Management, University of Aarhus - 2009
School of Economics and Management
Aarhus University
Bartholins Allé 10, Building 1322, DK-8000 Aarhus C
Denmark …) Department of Econometrics, VU University Amsterdam
(b) Tinbergen Institute
(c) Erasmus School of Economics, ERIM Rotterdam and … house prices and
let f1t be the factor representing the business cycle. It is likely that houses that are alike
have very …