Forecasting real‐time economic activity using house prices and credit conditions

2020 ◽  
Author(s):  
Narayan Kundan Kishor
Keyword(s):  
Real Time ◽  
Economic Activity ◽  
House Prices

Monitoring Economic Activity in Real Time Using Diffusion Indices: Evidence from the Fifth District

2016 ◽  
Vol 101 (04) ◽  
pp. 275-301
Author(s):  
Santiago Pinto ◽  
◽  
Sonya Waddell ◽  
Pierre-Daniel Sarte ◽  
◽  
...  
Keyword(s):  
Real Time ◽  
Economic Activity

scholarly journals Yield Spreads As Predictors of Economic Activity: A Real-Time VAR Analysis

2010 ◽  
Vol 2010 (1008) ◽  
Author(s):  
N. Kundan Kishor ◽  
◽  
Evan F. Koenig ◽  
Keyword(s):  
Real Time ◽  
Economic Activity ◽  
Yield Spreads ◽  
Var Analysis

UK House Prices – Connectedness or Ripple Effect?

2021 ◽  
Author(s):  
Taufiq Choudhry ◽  
Syed S. Hassan ◽  
Sarosh Shabi
Keyword(s):  
Northern Ireland ◽  
Housing Market ◽  
Economic Activity ◽  
House Prices ◽  
Ripple Effect ◽  
Non Linear ◽  
Causality Tests ◽  
Effect Hypothesis

The performance of the housing market is currently considered a measure of economic activity. This research explores the connectedness vs. the ripple effect hypothesis in the current house pricing literature. Using linear causality and nonlinear causality tests we show significant bidirectional dependence between the London house prices and other UK regions’ house prices except for Northern Ireland and Wales in contrast to the existing literature where more evidence of ripple effect is reported. Furthermore, linear and non-linear forecasting tests back these results. This result has important implications for policymakers and investors.

scholarly journals Nowcasting Euro Area Economic Activity in Real Time: The Role of Confidence Indicators

2009 ◽  
Vol 210 ◽  
pp. 90-97 ◽  
Author(s):  
Domenico Giannone ◽  
Lucrezia Reichlin ◽  
Saverio Simonelli
Keyword(s):  
Real Time ◽  
Euro Area ◽  
Economic Activity ◽  
Model Based

This paper assesses the role of qualitative surveys for the early estimation of GDP in the Euro Area in a model-based automated procedure which exploits the timeliness of their release. The analysis is conducted using both an historical evaluation and a real-time case study on the current conjuncture.

Impacts of airport traffic volumes on house prices of New Zealand’s major regions: A panel data approach

Urban Studies ◽  
2016 ◽  
Vol 54 (12) ◽  
pp. 2800-2817 ◽  
Author(s):  
Wai Hong Kan Tsui ◽  
David Tat Wei Tan ◽  
Song Shi
Keyword(s):  
Panel Data ◽  
Least Squares ◽  
Economic Activity ◽  
House Prices ◽  
Air Travel ◽  
Body Of Knowledge ◽  
Property Prices ◽  
Traffic Volumes ◽  
The Relationship

The direction and mechanisms of the relationship between airport traffic volumes and property prices are somewhat unclear in the literature. This study adds to that body of knowledge by empirically investigating the role of airports as an essential driver of economic activity by creating employment and facilitating air travel between destinations. The two-stage least-squares (2SLS) approach is employed to investigate the link between house prices and the airport traffic volumes of New Zealand’s three key regions and airports (Auckland, Canterbury/Christchurch and Wellington) from July 2004 to December 2014. The empirical findings of the study suggest that airport traffic volumes positively and significantly influence the urban house prices of New Zealand’s three major regions.

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