The effect of house price changes on cohort consumption in Turkey
This paper analyzes the relationship between house prices and household consumption in Turkey. We utilize twelve consecutive waves of the Turkish Statistical Institute (TURKSTAT) Household Budget Surveys (HBS) from 2003 to 2014. We construct a pseudo-panel data set using birth-year cohorts following...
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| Format: | Article |
| Language: | English |
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Elsevier
2017-09-01
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| Series: | Central Bank Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070117300422 |