Are Swedish House Prices Too High? Why the Price-to-Income Ratio Is a Misleading Indicator
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https://www.nber.org/papers/w31862
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资源简介：
Appropriate indicators of housing valuation are important for macroprudential policy and assessments of risks to financial stability. Overvalued housing may result in a correction and a fall in house prices, which if large could threaten financial and macroeconomic stability. According to ECB (2023)
提供机构：
美国国家经济研究局
创建时间：
2023-11-01
