Gounopoulos, Dimitrios; Merikas, Andreas G.; Merika, Anna A. - In: Applied Financial Economics 22 (2012) 7, pp. 549-561
This article develops an equilibrium model for the Greek housing market that incorporates both macroeconomic and country-specific variables that affect demand for and supply of houses. In the overall upward phase of the 26-year period examined (1985Q1--2010Q4), our investigation of short-term...