Does an economically active population matter in housing prices?

被引:10
作者
Choi, Changkyu [1 ]
Jung, Hojin [2 ]
机构
[1] Myongji Univ, Dept Econ, Seoul, South Korea
[2] Henan Univ, Sch Econ, Kaifeng, Henan, Peoples R China
关键词
Population structure; economically active population; housing prices; housing-price growth equation; panel data; C2; J1; R2; DEMOGRAPHICS;
D O I
10.1080/13504851.2016.1251547
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article examines the link between the population structure and housing prices. We use a panel of 23 countries from 1976 to 2013 in our empirical analysis. We find statistically significant impacts of the proportion of the economically active population aged 15-64 to the total population on housing-price growth. Our study supports a policy for stable population growth to moderate housing-price growth and economic cycles.
引用
收藏
页码:1061 / 1064
页数:4
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