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Booms and Busts in the UK Housing Market

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Author Info
Muellbauer, J
Murphy, A

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Abstract

The often volatile behaviour of UK house prices between 1957 and 1994 is analysed in an annual econometric model. Theory suggests that financial liberalization of mortgage markets in the 1980s should have led to notable shifts in house price behaviour.

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Publisher Info
Paper provided by Economics Group, Nuffield College, University of Oxford in its series Economics Papers with number 125.

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Length: 28 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:nuf:econwp:125

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Web page: http://www.nuff.ox.ac.uk/economics/

For technical questions regarding this item, or to correct its listing, contact: (Catherine McNeill).

Related research
Keywords: HOUSING ECONOMETRIC MODELS

Other versions of this item:

Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
R21 - Urban, Rural, and Regional Economics - - Household Analysis - - - Housing Demand

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This page was last updated on 2008-11-3.

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