Instrumental variable | house prices
Posted: Mon May 30, 2016 4:21 am
Hello,
I am currently working on a panel regression that tests for influences on real house prices among the G-7 countries.
Independent variables: Rent prices, CPI, GDP, disposable income, savings ratio, unemployment rate, short- and long- term interest rates as well as a time series which is based on 13-quarter house price moving averages and proxies individual expectations.
Nevertheless, I am also looking for instrumental variables.
Any tips?
Cheers and thank you,
Max
I am currently working on a panel regression that tests for influences on real house prices among the G-7 countries.
Independent variables: Rent prices, CPI, GDP, disposable income, savings ratio, unemployment rate, short- and long- term interest rates as well as a time series which is based on 13-quarter house price moving averages and proxies individual expectations.
Nevertheless, I am also looking for instrumental variables.
Any tips?
Cheers and thank you,
Max