Housing, Financial Markets and the Wider Economy (Financial Economics and Quantitative Analysis Series)

Uses empirical evidence from the UK, US, Europe and Japan to evaluate the impact of changes in housing and financial markets. Features aggregate and time series documentation along with results from the analysis of disaggregated household data. Examines specific hypotheses regarding the connections between housing values, consumer spending and financial institutions' lending policies. Addresses issues that have implications for the formulation of macroeconomic policy and design of housing policies.