Housing Markets in Europe

1. Housing in DSGE Models: Findings and New Directions
Matteo Iacoviello

2. Housing and the Macroeconomy: The Italian Case
Guido Bulligan

3. Cyclical Relationships Between GDP and Housing Market in France: Facts and Factors at Play
Laurent Ferrara, Olivier Vigna

4. Does Housing Really Lead the Business Cycle in Spain?
Luis J. Álvarez, Alberto Cabrero

5. Housing Cycles in the Major Euro Area Countries
Luis J. Álvarez, Guido Bulligan, Alberto Cabrero, Laurent Ferrara, Harald Stahl

6. Common Business and Housing Market Cyles in the Euro Area from a Multivariate Decomposition
Laurent Ferrara, Siem Jan Koopman

7. The International Transmission of House Price Shocks
Olivier Bandt, Karim Barhoumi, Catherine Bruneau

8. The ’Housing Bubble’ and Financial Factors: Insights from a Structural Model of the French and Spanish Residential Markets
Pamfili Antipa, Rémy Lecat

9. Trend and Cycle Features in German Residential Investment Before and After Reunification
Thomas A. Knetsch

10. User Costs of Housing when Households Face a Credit Constraint: Evidence for Germany
Tobias Duemmler, Stephan Kienle

11. Causes and Welfare Consequences of Real Estate Price Appreciation
Filippo Scoccianti

12. Wealth Effects on Private Consumption: the French Case
Valerie Chauvin, Olivier Damette

13. An Assessment of Housing and Financial Wealth Effects in Spain: Aggregate Evidence on Durable and Non-durable Consumption
Teresa Sastre, José Luis Fernández

14. The Effects of Housing and Financial Wealth on Personal Consumption: Aggregate Evidence for Italian Households
Antonio Bassanetti, Francesco Zollino

15. Housing and Portfolio Choices in France
Luc Arrondel, Frédérique Savignac

16. House price Boom/Bust Cycles: Identification Issues and Macro-prudential Implications
Vladimir Borgy, Laurent Clerc, Jean-Paul Renne

17. Impact of Fiscal Policy on Residential Investment in France
Pamfili Antipa, Christophe Schalck

Keywords: Economics/Management Science, Macroeconomics/Monetary Economics, European Integration, Regional/Spatial Science, Public Finance & Economics, Econometrics, Economic Policy