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How does immigration affect housing costs in Switzerland?

Helfer, Fabienne; Grossmann, Volker; Osikominu, Aderonke - In: Swiss journal of economics and statistics 159 (2023) 1, pp. 1-31

This paper examines the short-run immigration effects on prices for owner-occupied housing and rents in Switzerland … Union (EU), enacted in 2002, as an exogenous shock to immigration. The first approach uses the AFMP reform within an …, distinguishing between regions with historically high, medium, and low immigration from EU-15 countries. The analysis based on data …

Persistent link: https://www.econbiz.de/10014506553

Monetary policy, property prices and rents : evidence from local housing markets

Groiss, Martin; Syrichas, Nicolas - 2025

How do different monetary policy tools influence residential housing markets, and how do these effects vary between owner-occupied and rental segments? To answer this question, we assemble a new monthly regional dataset from 35 million real estate listings over the period 2007- 2023 and exploit...

Persistent link: https://www.econbiz.de/10015178380

The cyclicality of immigrant wages and labour market flows : evidence from Spain

Gálvez-Iniesta, Ismael - In: Economics : the open-access, open-assessment journal 16 (2022) 1, pp. 90-122

impact of immigration. …

Persistent link: https://www.econbiz.de/10013252566

Testing housing markets for episodes of exuberance : evidence from different Polish cities

Sobieraj, Janusz; Metelski, Dominik - In: Journal of risk and financial management : JRFM 14 (2021) 9, pp. 1-29

In the study we use the right-tail unit root test to analyse the presence of mild explosive dynamics (exuberance) in housing prices of the 17 largest Polish cities in the period 2006-2021 (for quarterly data). In terms of real prices from the secondary market, we were able to demonstrate the...

Persistent link: https://www.econbiz.de/10012628269

Conventional and unconventional monetary policies : effects on the Finnish housing market

Rosenberg, Signe - In: Baltic journal of economics 20 (2020) 2, pp. 170-186

This paper investigates how different types of monetary policy have affected house prices in Finland, a small euro area economy that has experienced pronounced business cycles over time. The analyses are carried out using the Bayesian structural vector autoregressive approach. Monetary policy...

Persistent link: https://www.econbiz.de/10012296184

What role does the housing market play for the macroeconomic transmission mechanism?

Wilhelmsson, Mats - In: Journal of risk and financial management : JRFM 13 (2020) 6/112, pp. 1-17

The main objective is to answer the question: What role does the housing market play for the transmission mechanism and (in particular) is the impact constant over time? The research question also includes analyzing the importance of the housing market for the transmission mechanism. We estimate...

Persistent link: https://www.econbiz.de/10012305100

Understanding spatial house price dynamics in a housing boom

Kaas, Leo; Kocharkov, Georgi; Syrichas, Nicolas - 2025

We examine the evolution of spatial house price dispersion during Germany's recent housing boom. Using a dataset of sales listings, we find that house price dispersion has significantly increased, which is driven entirely by rising price variation across postal codes. We show that both price...

Persistent link: https://www.econbiz.de/10015394369

Price and hedonic heterogeneity measures in local housing markets

Sommervoll, Dag Einar - 2023

In this paper, we develop a local housing stock heterogeneity measure. This measure may be used to monitor housing stock heterogeneity over time and in combination with other measures of policy interest. We illustrate the latter by looking at local housing stock heterogeneity, house price...

Persistent link: https://www.econbiz.de/10014325788

The housing Phillips curve and momentum in the Norwegian housing market

Kirkeby, Sara Jahr; Nenov, Plamen T. - 2023

This paper provides descriptive evidence for a housing Phillips curve in Norway, suggesting a negative relationship between the ratio of inventory-to-sales and subsequent house price growth in the market for existing homes. We show that the negative relationship between inventory-to-sales and...

Persistent link: https://www.econbiz.de/10014313762

Aggregate shocks and the Brazilian housing market dynamics

Silva, Marcelo Eduardo Alves da; Besarria, Cássio da … - In: Economia : revista da ANPEC 20 (2019) 2, pp. 121-137

In this paper we seek to understand the recent dynamics of the Brazilian housing market, which experienced a significant growth in recent years. In particular, we assess the effects of aggregate productivity and monetary policy shocks on housing market variables. Moreover, we also investigate...

Persistent link: https://www.econbiz.de/10012171072