Center for Real Estate
Wichita State Center for Real Estate
  • Wichita State University
  • Barton School of Business
  • Contact Us
  • Site Map & Search Bar
  • Home
  • About the Center
    • Center Staff
    • Advisory Board
    • Center Sponsors
    • Get Involved
    • Lifetime Achievement Award
    • Housing Market Forecasts
  • News & Resources
    • Media Resources
    • Professional Resources
    • Consumer Resources
    • Student Resources
  • Data & Research
    • Market Graphs and Analysis
    • Housing Market Forecasts
    • Academic Research
    • Presentations & Speeches
    • Data by Market
    • Data by Category
    • Data FAQs
    • Show Me the Data!
  • Education
    • REAL Professionals Student Group
    • Real Estate Degree Options
    • WSU Real Estate Courses
    • Real Estate Faculty
    • Continuing Education
    • Non-Credit Enrollment
    • Scholarships
  • Careers
    • Career Descriptions
    • Licensing
    • Real Estate Degree Options
    • Continuing Education
    • Non-Credit Enrollment
Browse: Home / House Price Convergence in the Euro Zone: A Pairwise Approach

House Price Convergence in the Euro Zone: A Pairwise Approach

By Real Estate Assistant on 02/28/2019

William Miles

Final draft: February 2019
Economic Systems, forthcoming.

For the European Central Bank to incorporate euro-wide housing into its policy decisions, it is helpful if home values across the currency union are convergent in the long run. We apply a probabilistic pair-wise approach to the question of whether home values converge across eight euro-zone housing markets. Contrary to previous studies, we find only marginal evidence that euro housing markets converge. Moreover, for what convergence there appears to be, there is no evidence that the adoption of the euro itself played a role in creating such convergence. Finally, Germany’s housing sector is rarely found convergent with those of other countries. This is worrying as Germany is the dominant economy of the currency union.

  • DOWNLOAD PAPER (252 KB)
  • Social Science Research Network Link:
    https://ssrn.com/abstract=3332680

Posted in Academic Research, Research & Data | Tagged Miles

« Previous Next »
  • Data & Research
    • Housing Market Forecasts
    • Academic Research
    • Presentations & Speeches
    • Data by Market
      • Kansas
      • Kansas City
      • Lawrence
      • Manhattan
      • Topeka
      • Wichita
    • Data by Category
      • Commercial Property Data
        • Martens Forecasts
        • Weigand Forecasts
      • Home Price Appreciation
      • Home Sales (MLS) Statistics
      • Labor Market Indicators
      • New Residential Construction Data
    • Data FAQs
    • Show Me the Data!

Thanks to the generous donors that have made this website possible:




  • Home
  • About the Center
  • News & Resources
  • Data & Research
  • Education
  • Careers
  • Contact Us
  • Contribute

Copyright 2020 Center for Real Estate at WSU. All rights reserved.

Center for Real Estate - Barton School of Business - Wichita State University

1845 N. Fairmount Wichita, KS 67260 - 316-978-7120 - RealEstate@Wichita.edu