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Absolute Income Inequality and Rising House Prices

Authors :
Universidad EAFIT. Departamento de Economía y Finanzas
Estudios en Economía y Empresa (GEE)
Goda, Thomas
Stewart, Chris
Torres García, A.
Universidad EAFIT. Departamento de Economía y Finanzas
Estudios en Economía y Empresa (GEE)
Goda, Thomas
Stewart, Chris
Torres García, A.
Publication Year :
2021

Abstract

Income inequality and house prices have risen sharply in developed countries during the last three decades. We argue that this co-movement is no coincidence but that inequality has driven up house prices on the grounds that it raises the total demand for

Details

Database :
OAIster
Notes :
English
Publication Type :
Electronic Resource
Accession number :
edsoai.on1253291761
Document Type :
Electronic Resource