Evidence on the Relationship between Housing and Consumption in the United States: A State-Level Analysis

Material TypeArticleLanguageEnglish
TitleEvidence on the Relationship between Housing and Consumption in the United States: A State-Level Analysis Author(S)CHADI S. ABDALLAH (Author)
Abstract  We estimate the dynamic effects of U.S. housing market shocks on state-level spending and home prices from a dynamic common factor model, and identify housing demand and supply shocks using a sign-restrictions approach. ...Paginationp 559-590
SubjectEconomicsDescriptorsEconomics Housing Consumption
Journal TitleJournal of Money, Credit, and Banking  
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