Ott, Hervé - In: Economic Modelling 42 (2014) C, pp. 116-127
The long-term euro area house price equilibrium and its short-term dynamics are estimated by means of a panel error … euro area house prices began in 2007, and the current house price might return to its equilibrium level in 2014. According … to the most realistic scenario, euro area house prices will experience a smooth and soft landing in 2016 and then begin …