Ghent, Andra C.; Owyang, Michael T. - 2009
Is Housing the Business Cycle? Evidence from U.S. Cities
Andra C. Ghent
and
Michael T. Owyang
Working … material) should be
cleared with the author or authors.
Is Housing the Business Cycle? Evidence
from U.S. Cities
Andra C …
Abstract
We analyze the relationship between housing and the business cycle in a set of
51 U.S. cities. Most surprisingly, we …