Cyclical relationships between GDP and housing market in France: Facts and factors at play
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Ilse Mintz, 1969. "Front matter to "Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67"," NBER Chapters, in: Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67, pages -13--4, National Bureau of Economic Research, Inc.
- Harding, Don & Pagan, Adrian, 2006.
"Synchronization of cycles,"
Journal of Econometrics, Elsevier, vol. 132(1), pages 59-79, May.
- Don Harding & Adrian Pagan, 2004. "Synchronization of cycles," CAMA Working Papers 2004-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Álvarez, L-J. & Bulligan, G. & Cabrero, A. & Ferrara, L. & Stahl, H., 2009.
"Housing cycles in the major euro area countries,"
Working papers
269, Banque de France.
- Luis J. Álvarez & Guido Bulligan & Alberto Cabrero & Laurent Ferrara & Harald Stahl, 2010. "Housing Cycles In The Major Euro Area Countries," Occasional Papers 1001, Banco de España.
- Marianne Baxter & Robert G. King, 1999.
"Measuring Business Cycles: Approximate Band-Pass Filters For Economic Time Series,"
The Review of Economics and Statistics, MIT Press, vol. 81(4), pages 575-593, November.
- Marianne Baxter & Robert G. King, 1995. "Measuring Business Cycles Approximate Band-Pass Filters for Economic Time Series," NBER Working Papers 5022, National Bureau of Economic Research, Inc.
- Tom Doan, "undated". "BKFILTER: RATS procedure to implement band pass filter using Baxter-King method," Statistical Software Components RTS00026, Boston College Department of Economics.
- Monica Billio & Jacques Anas & Laurent Ferrara & Marco Lo Duca, 2007. "A turning point chronology for the Euro-zone," Working Papers 2007_33, Department of Economics, University of Venice "Ca' Foscari".
- Jacques Anas & Monica Billio & Laurent Ferrara & Gian Luigi Mazzi, 2008. "A System For Dating And Detecting Turning Points In The Euro Area," Manchester School, University of Manchester, vol. 76(5), pages 549-577, September.
- Lawrence J. Christiano & Terry J. Fitzgerald, 2003.
"The Band Pass Filter,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(2), pages 435-465, May.
- Lawrence J. Christiano & Terry J. Fitzgerald, 1999. "The Band pass filter," Working Papers (Old Series) 9906, Federal Reserve Bank of Cleveland.
- Lawrence J. Christiano & Terry J. Fitzgerald, 1999. "The Band Pass Filter," NBER Working Papers 7257, National Bureau of Economic Research, Inc.
- Edward E. Leamer, 2007.
"Housing is the business cycle,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 149-233.
- Edward E. Leamer, 2007. "Housing IS the Business Cycle," NBER Working Papers 13428, National Bureau of Economic Research, Inc.
- Calza, Alessandro & Monacelli, Tommaso & Stracca, Livio, 2006.
"Mortgage markets, collateral constraints, and monetary policy: Do institutional factors matter?,"
CFS Working Paper Series
2007/10, Center for Financial Studies (CFS).
- Monacelli, Tommas & Stracca, Livio & Calza, Alessandro, 2007. "Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?," CEPR Discussion Papers 6231, C.E.P.R. Discussion Papers.
- Vargas-Silva, Carlos, 2008.
"Monetary policy and the US housing market: A VAR analysis imposing sign restrictions,"
Journal of Macroeconomics, Elsevier, vol. 30(3), pages 977-990, September.
- Carlos Vargas-Silva, 2007. "Monetary policy and the U.S. housing market: A VAR analysis imposing sign restrictions," Working Papers 0705, Sam Houston State University, Department of Economics and International Business.
- Mr. Paul Louis Ceriel Hilbers & Angana Banerji & Haiyan Shi & Mr. Willy A Hoffmaister, 2008. "House Price Developments in Europe: A Comparison," IMF Working Papers 2008/211, International Monetary Fund.
- Harding, Don & Pagan, Adrian, 2002.
"Dissecting the cycle: a methodological investigation,"
Journal of Monetary Economics, Elsevier, vol. 49(2), pages 365-381, March.
- Don Harding & Adrian Pagan, 2000. "Disecting the Cycle: A Methodological Investigation," Econometric Society World Congress 2000 Contributed Papers 1164, Econometric Society.
- Michael Artis & Massimiliano Marcellino & Tommaso Proietti, 2004. "Dating Business Cycles: A Methodological Contribution with an Application to the Euro Area," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(4), pages 537-565, September.
- Artis, Michael J & Kontolemis, Zenon G & Osborn, Denise R, 1997. "Business Cycles for G7 and European Countries," The Journal of Business, University of Chicago Press, vol. 70(2), pages 249-279, April.
- Luis J. Álvarez & Alberto Cabrero, 2010. "Does housing really lead the business cycle?," Working Papers 1024, Banco de España.
- Olivier Darné & Laurent Ferrara, 2011.
"Identification of Slowdowns and Accelerations for the Euro Area Economy,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 335-364, June.
- Darné, O. & Ferrara, L., 2009. "Identification of slowdowns and accelerations for the euro area economy," Working papers 239, Banque de France.
- Ferrara, Laurent & Darné, Olivier, 2009. "Identification of slowdowns and accelerations for the euro area economy," CEPR Discussion Papers 7376, C.E.P.R. Discussion Papers.
- Ferrara, L. & Koopman, S J., 2010. "Common business and housing market cycles in the Euro area from a multivariate decomposition," Working papers 275, Banque de France.
- Ilse Mintz, 1969. "Summary to "Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67"," NBER Chapters, in: Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67, pages 53-54, National Bureau of Economic Research, Inc.
- Gouriéroux, Christian & Laferrère, Anne, 2009. "Managing hedonic housing price indexes: The French experience," Journal of Housing Economics, Elsevier, vol. 18(3), pages 206-213, September.
- Ilse Mintz, 1969. "Methods of Dating Business Cycles," NBER Chapters, in: Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67, pages 7-9, National Bureau of Economic Research, Inc.
- Ilse Mintz, 1969. "Dating Postwar Business Cycles: Methods and Their Application to Western Germany, 1950–67," NBER Books, National Bureau of Economic Research, Inc, number mint69-1.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Dufrénot, Gilles & Malik, Sheheryar, 2012.
"The changing role of house price dynamics over the business cycle,"
Economic Modelling, Elsevier, vol. 29(5), pages 1960-1967.
- Dufrénot, G. & Malik, S., 2010. "The changing role of house price dynamics over the business cycle," Working papers 309, Banque de France.
- Giorgio Canarella & Luis Gil-Alana & Rangan Gupta & Stephen M Miller, 2021.
"Persistence and cyclical dynamics of US and UK house prices: Evidence from over 150 years of data,"
Urban Studies, Urban Studies Journal Limited, vol. 58(1), pages 53-72, January.
- Giorgio Canarella & Luis A. Gil-Alana & Rangan Gupta & Stephen M. Miller, 2018. "Persistence and Cyclical Dynamics of US and UK House Prices: Evidence from Over 150 Years of Data," Working Papers 201838, University of Pretoria, Department of Economics.
- Monica Billio & Anna Petronevich, 2017.
"Dynamical Interaction Between Financial and Business Cycles,"
Working Papers
2017:24, Department of Economics, University of Venice "Ca' Foscari".
- Monica Billio & Anna Petronevich, 2017. "Dynamical Interaction between Financial and Business Cycles," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01692239, HAL.
- Monica Billio & Anna Petronevich, 2017. "Dynamical Interaction between Financial and Business Cycles," Post-Print hal-01692239, HAL.
- Aye, Goodness C. & Balcilar, Mehmet & Bosch, Adél & Gupta, Rangan, 2014.
"Housing and the business cycle in South Africa,"
Journal of Policy Modeling, Elsevier, vol. 36(3), pages 471-491.
- Goodness C. Aye & Mehmet Balcilar & Adel Bosch & Rangan Gupta, 2013. "Housing and the Business Cycle in South Africa," Working Papers 201323, University of Pretoria, Department of Economics.
- Goodness C. Aye & Mehmet Balcilar Author-Name-First Mehmet & Adel Bosch & Rangan Gupta, 2014. "Housing and the Business Cycle in South Africa," Working Papers 15-22, Eastern Mediterranean University, Department of Economics.
- Emmanuelle Lavallée & Vincent Vicard, 2013.
"National borders matterwhere one draws the lines too,"
Canadian Journal of Economics, Canadian Economics Association, vol. 46(1), pages 135-153, February.
- Lavallée, E. & Vicard, V., 2010. "National borders matter... where one draws the lines too," Working papers 272, Banque de France.
- Vincent Vicard & Emmanuelle Lavallée, 2013. "National borders matter...where one draws the lines too," Post-Print hal-01548193, HAL.
- Sala-Ríos, Mercé & Farré-Perdiguer, Mariona & Torres-Solé, Teresa, 2018. "How do Housing Prices and Business Cycles Interact in Spain? An Empirical Analysis/¿Cómo interactúan los precios de la vivienda y el ciclo económico en España? Un análisis empírico," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 36, pages 897-920, Septiembr.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Olivier Darné & Laurent Ferrara, 2011.
"Identification of Slowdowns and Accelerations for the Euro Area Economy,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 335-364, June.
- Ferrara, Laurent & Darné, Olivier, 2009. "Identification of slowdowns and accelerations for the euro area economy," CEPR Discussion Papers 7376, C.E.P.R. Discussion Papers.
- Darné, O. & Ferrara, L., 2009. "Identification of slowdowns and accelerations for the euro area economy," Working papers 239, Banque de France.
- Marco Gallegati, 2019. "A system for dating long wave phases in economic development," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 803-822, July.
- Charles, Amélie & Darné, Olivier & Diebolt, Claude & Ferrara, Laurent, 2015.
"A new monthly chronology of the US industrial cycles in the prewar economy,"
Journal of Financial Stability, Elsevier, vol. 17(C), pages 3-9.
- Amélie Charles & Olivier Darné & Claude Diebolt & Laurent Ferrara, 2011. "A new monthly chronology of the US industrial cycles in the prewar economy," EconomiX Working Papers 2011-27, University of Paris Nanterre, EconomiX.
- Amélie Charles & Olivier Darné & Claude Diebolt & Laurent Ferrara, 2012. "A new monthly chronology of the US industrial cycles in the prewar economy," Working Papers 12-02, Association Française de Cliométrie (AFC).
- Amélie Charles & Olivier Darné & Claude Diebolt & Laurent Ferrara, 2015. "A new monthly chronology of the US industrial cycles in the prewar economy," Post-Print hal-01146800, HAL.
- Amélie Charles & Olivier Darné & Claude Diebolt & Laurent Ferrara, 2011. "A new monthly chronology of the US industrial cycles in the prewar economy," Working Papers hal-04140957, HAL.
- Yasutomo Murasawa, 2014. "Measuring the natural rates, gaps, and deviation cycles," Empirical Economics, Springer, vol. 47(2), pages 495-522, September.
- Claudia Pacella, 2021. "Dating the euro area business cycle: an evaluation," Temi di discussione (Economic working papers) 1332, Bank of Italy, Economic Research and International Relations Area.
- Dmitrij Celov & Mariarosaria Comunale, 2022.
"Business Cycles in the EU: A Comprehensive Comparison Across Methods,"
Advances in Econometrics, in: Essays in Honour of Fabio Canova, volume 44, pages 99-146,
Emerald Group Publishing Limited.
- Mariarosaria Comunale & Dmitrij Celov, 2021. "Business cycles in the EU: A comprehensive comparison across methods," Bank of Lithuania Discussion Paper Series 26, Bank of Lithuania.
- Gatfaoui, Jamel & Girardin, Eric, 2015.
"Comovement of Chinese provincial business cycles,"
Economic Modelling, Elsevier, vol. 44(C), pages 294-306.
- Jamel Gatfaoui & Eric Girardin, 2015. "Comovement of Chinese provincial business cycles," Post-Print hal-01456105, HAL.
- Robert Pater, 2014. "Are there two types of business cycles? a note on crisis detection," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 10(3), pages 1-28, December.
- Yasutomo Murasawa, 2016. "The Beveridge–Nelson decomposition of mixed-frequency series," Empirical Economics, Springer, vol. 51(4), pages 1415-1441, December.
- Alexandra Krystaloyianni & George Matysiak & Sotiris Tsolacos, 2004. "Forecasting UK Real Estate Cycle Phases With Leading Indicators: A Probit Approach," Real Estate & Planning Working Papers rep-wp2004-15, Henley Business School, University of Reading.
- Aastveit, Knut Are & Anundsen, André K. & Herstad, Eyo I., 2019.
"Residential investment and recession predictability,"
International Journal of Forecasting, Elsevier, vol. 35(4), pages 1790-1799.
- Knut Are Aastveit & André K. Anundsen & Eyo I. Herstad, 2017. "Residential investment and recession predictability," Working Paper 2017/24, Norges Bank.
- Knut Are Aastveit & Andr K. Anundsen & Eyo I. Herstad, 2017. "Residential investment and recession predictability," Working Papers No 8/2017, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021.
"Dating business cycles in France: a reference chronology,"
SciencePo Working papers Main
hal-03373425, HAL.
- Valérie Mignon & Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Pierre-Alain Pionnier, 2023. "Dating business cycles in France : a reference chronology [Les cycles économiques de la France : une datation de référence]," PSE-Ecole d'économie de Paris (Postprint) hal-03661598, HAL.
- Valérie Mignon & Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: A reference chronology," EconomiX Working Papers 2021-23, University of Paris Nanterre, EconomiX.
- Valérie Mignon & Laurent Ferrara & Denis Ferrand & Eric Heyer & Claude Diebolt & Frederique Bec & Catherine Doz & Pierre-Alain Pionnier & Antonin Aviat, 2022. "Dating business cycles in France: A reference chronology," Post-Print hal-04435786, HAL.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France:A reference chronology," THEMA Working Papers 2021-15, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: A reference chronology," Working Papers hal-04159735, HAL.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: A reference chronology," Working Papers of BETA 2021-33, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Valérie Mignon & Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Pierre-Alain Pionnier, 2023. "Dating business cycles in France : a reference chronology [Les cycles économiques de la France : une datation de référence]," Post-Print hal-03661598, HAL.
- Valérie Mignon & Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Pierre-Alain Pionnier, 2023. "Dating business cycles in France : a reference chronology [Les cycles économiques de la France : une datation de référence]," SciencePo Working papers Main hal-03661598, HAL.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: a reference chronology," Working Papers hal-03373425, HAL.
- Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: A reference chronology," Working Papers 08-21, Association Française de Cliométrie (AFC).
- Frédérique Bec & Antonin Aviat & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France:A reference chronology," Working Papers hal-03678309, HAL.
- Jefferson A. Colombo & Renan X. Cortes & Fernando I. L. Cruz & Luis H. Z. Paese, 2018. "Building State-Level Business Cycle Tracer Tools: Evidence from a Large Emerging Economy," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(5), pages 14-30, May.
- Tatiana Cesaroni & Stefano Iezzi, 2017.
"The Predictive Content of Business Survey Indicators: Evidence from SIGE,"
Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 13(1), pages 75-104, May.
- Tatiana Cesaroni & Stefano Iezzi, 2015. "The predictive content of business survey indicators: evidence from SIGE," Temi di discussione (Economic working papers) 1031, Bank of Italy, Economic Research and International Relations Area.
- Tiziana Cesaroni & Stefano Iezzi, 2015. "The Predictive Content of Business Survey Indicators: evidence from SIGE," Working Papers LuissLab 15118, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Ritabrata Bose & Ashima Goyal, 2020. "Disaggregated Indian industrial cycles: A Spectral analysis," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-033, Indira Gandhi Institute of Development Research, Mumbai, India.
- Enrique A. López-Enciso, 2017. "Dos tradiciones en la medición del ciclo: historia general y desarrollos en Colombia," Borradores de Economia 986, Banco de la Republica de Colombia.
- Dutra, Tiago Mota & Dias, José Carlos & Teixeira, João C.A., 2022. "Measuring financial cycles: Empirical evidence for Germany, United Kingdom and United States of America," International Review of Economics & Finance, Elsevier, vol. 79(C), pages 599-630.
- Fuerst, Franz, 2007.
"Office Rent Determinants: A Hedonic Panel Analysis,"
MPRA Paper
11445, University Library of Munich, Germany.
- Franz Fuerst, 2008. "Office Rent Determinants: a Hedonic Panel Analysis," Real Estate & Planning Working Papers rep-wp2008-12, Henley Business School, University of Reading.
- Adél Bosch & Steven F. Koch, 2020. "The South African Financial Cycle and its Relation to Household Deleveraging," South African Journal of Economics, Economic Society of South Africa, vol. 88(2), pages 145-173, June.
- Jürgen Bierbaumer, 2012. "Regionale Konjunkturzyklen in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 85(11), pages 833-848, November.
More about this item
Keywords
Economic cycles ; Housing market ; France.;All these keywords.
JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bfr:banfra:268. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael brassart (email available below). General contact details of provider: https://edirc.repec.org/data/bdfgvfr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.