Income inequality and house prices across US states?

被引：2

作者：

Berisha, Edmond ^{[1
]}

Meszaros, John

Gupta, Rangan ^{[2
]}

机构：

[1] Montclair State Univ, Feliciano Sch Business, Montclair, NJ 07043 USA

[2] Univ Pretoria, Pretoria, South Africa

来源：

QUARTERLY REVIEW OF ECONOMICS AND FINANCE | 2023年 / 91卷

关键词：

Inequality; House Prices; Regional Studies;

D O I：

10.1016/j.qref.2022.11.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper studies the secular increase in US income inequality and its relation to growing house prices over the past three decades. We explore income inequality's effect on house prices based on a high-frequency (quarterly) data-set for all US states, including the District of Columbia. The analysis shows that higher income inequality decreases the growth rate of house prices. However, the relationship differs for the Northeast region. We find higher income inequality corresponds with higher house prices across the states within the Northeast region.& COPY; 2022 Board of Trustees of the University of Illinois. Published by Elsevier Inc. All rights reserved.

引用

页码：192 / 197

页数：6

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