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La contribution des marchés du logement à la résilience économique

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  • Pietro Catte
  • Nathalie Girouard
  • Robert Price
  • Christophe André

Abstract

Les pays de l’OCDE ont témoigné de degrés variables de résilience économique au cours de la récente récession conjoncturelle, certains ayant négocié et surmonté mieux que d’autres une série de chocs communs. Dans une certaine mesure, les différences de résilience économique semblent liées à la performance des marchés du logement. En particulier, le dynamisme des prix immobiliers dans certains pays parait avoir dopé la consommation privée et la construction résidentielle et, par là même, contribué à compenser les faiblesses existantes dans d’autres secteurs. On constate que le cadre institutionnel des marchés du logement et des marchés hypothécaires détermine dans une large mesure non seulement l’efficience économique d’ensemble et les revenus réels, mais aussi la propagation des chocs et...

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File URL: http://dx.doi.org/10.1787/eco_studies-v2004-art6-fr
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Bibliographic Info

Article provided by OECD Publishing in its journal Revue économique de l'OCDE.

Volume (Year): 2004 (2004)
Issue (Month): 1 ()
Pages: 139-173

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Handle: RePEc:oec:ecokab:5lgmqdz2bq20

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