Are Real House Prices Likely to Decline by 47 Percent?
收藏NBER1991-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3880
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资源简介：
Mankiw and Weil have estimated a demographically-driven real house price equation on annual data from the 1947-87 period and used it to forecast real house prices over the 1988-2007 period. The result is their infamous 47 percent real decline. Their equation really only fits data from the 1950s and
提供机构：
美国国家经济研究局
创建时间：
1991-10-01
