Downward nominal house price rigidity: Evidence from three centuries of data on housing transactions
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DOI: 10.1016/j.econlet.2023.111038
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- Solveig K. Erlandsen & Ragnar Enger Juelsrud, 2023. "Downward nominal house price rigidity: Evidence from three centuries of data on housing transactions," Working Paper 2023/1, Norges Bank.
References listed on IDEAS
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More about this item
Keywords
House prices; Repeat sales transaction data; Price rigidity; Monetary policy; Financial crisis;All these keywords.
JEL classification:
- R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
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