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Original Articles

Do commercial real estate prices have predictive content for GDP?

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Pages 4379-4384 | Published online: 09 May 2013

References

  • Benjamin, J. D., Chinloy, P. and Jud, G. D. (2004) Real estate versus financial wealth in consumption, Journal of Real Estate Finance and Economics, 29, 341–54.
  • Kishor, N. K. (2007) Does consumption respond more to housing wealth than to financial market wealth?, Journal of Real Estate Finance and Economics, 35, 427–48.
  • Lettau, M. and Ludvigson, S. (2004) Understanding trend and cycle in asset values: reevaluating the wealth effect on consumption, American Economic Review, 94, 427–48.
  • Miller, N., Peng, L. and Sklarz, M. (2011) House prices and economic growth, Journal of Real Estate Finance and Economics, 42, 522–54.

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