Regional house price convergence: implications of monetary policy

Lin, P.-T. ORCID: https://orcid.org/0000-0003-2745-0119 and Robberts, A. (2023) Regional house price convergence: implications of monetary policy. Regional Studies. ISSN 1360-0591 doi: 10.1080/00343404.2023.2233559

Abstract/Summary

Motivated by the structural change since the adoption of inflation targeting in October 1992, this research investigates regional house price convergence in the UK over 1973:Q4 to 2020:Q4. By utilising subsample comparisons, results show that all regions in the inflation targeting regime converges to one club until the global financial crisis. The finding suggests that the successful inflation targeting policy can promote integration among regions.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/112432
Item Type	Article
Refereed	Yes
Divisions	Henley Business School > Real Estate and Planning
Publisher	Routledge
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