Asymmetric Nonlinear Impact of Oil Prices and Inflation on Residential Property Prices: a Case of US, UK and Canada
(2019)
Journal Article
Rehman, M. U., Ali, S., & Shahzad, S. J. H. (2020). Asymmetric Nonlinear Impact of Oil Prices and Inflation on Residential Property Prices: a Case of US, UK and Canada. Journal of Real Estate Finance and Economics, 61(1), 39-54. https://doi.org/10.1007/s11146-019-09706-y
This paper examines the nonlinear impact of oil prices and inflation on residential prices in the US, the UK and Canada using quarterly data from 1975 to 2017. The study uses nonlinear autoregressive distributed lag (NARDL) bounds testing approach th... Read More about Asymmetric Nonlinear Impact of Oil Prices and Inflation on Residential Property Prices: a Case of US, UK and Canada.