Keywords: Agnostic identification
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Journal Articles
Studies in Economics and Finance (2018) 35 (2): 287–306.
Published: 29 May 2018
... covering the period 1969Q4-2014Q4 and uses the agnostic identification procedure. Findings The paper finds that 20 per cent of the variation in house prices is explained by these shocks. The paper also finds that the effects of housing demand shocks on real private consumption are short-lived...

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