Bericht
House price prediction using daily news data
We investigate whether information from news articles could improve predictions of house price inflation at a short forecast horizon. The Covid-19 pandemic led to a shutdown of the Norwegian economy on March 12th 2020. Large economic fluctuations posed challenges for models used to forecast economic developments. Our results indicate that news data contain valuable information about the direction of the housing market in periods of economic distress.
- ISBN
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978-82-8379-196-9
- Language
-
Englisch
- Bibliographic citation
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Series: Staff Memo ; No. 5/2021
- Classification
-
Wirtschaft
- Subject
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Immobilienpreis
Inflation
Prognoseverfahren
Norwegen
- Event
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Geistige Schöpfung
- (who)
-
Kirkeby, Sara J.
Larsen, Vegard Høghaug
- Event
-
Veröffentlichung
- (who)
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Norges Bank
- (where)
-
Oslo
- (when)
-
2021
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Kirkeby, Sara J.
- Larsen, Vegard Høghaug
- Norges Bank
Time of origin
- 2021
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