APPENDIX Table A1. Data description and sources

APPENDIX Table A1. Data description and sources Country

Panels

Data range

Real estate price

Equity price

Personal consumption

Disposable income

Wage

All types of dwellings, new and existing, BIS

Austrian Traded Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

1986Q32012Q3

Developed, marketbased

All types of dwellings, existing, big cities, BIS

AS51 Index, Blomberg

Constant prices, IFS

Net wage, IFS

Real, IFS

1986Q32012Q3

Developed, marketbased

1973Q12012Q4

All types of dwellings, existing, BIS

Belgian 20 Price Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

Belgium

Bulgaria

Emerging, bank-based

2000Q42012Q4

Flats, existing, big cities, BIS

Sofia Stock Exchange index, Eurostat

Constant prices, IFS

Canada

Developed, marketbased

1981Q12012Q4

Single-family houses, new and existing, BIS

SPTSX Index, Bloomberg

Constant prices, IFS

Net wage, IFS

Croatia

Emerging, bank-based

1998Q12012Q3

All types of dwellings, new and existing, Croatian National Bank

Crobex index, Bloomberg

Constant prices, IFS

WIIW database

Czech Republic

Emerging, bank-based

1998Q12012Q3

Single family houses and flats, BIS

Prague Stock Exchange 50 Index, Eurostat

Constant prices, IFS

WIIW database

Denmark

Developed, bank-based

1992Q12012Q4

Single family houses and flats, new and existing, BIS

Københavns Fondsbørs Index, Eurostat

Constant prices, IFS

Net wage, IFS

Estonia

Emerging, bank-based

1997Q12012Q3

All types of dwellings, new and existing, BIS

Tallinn Stock Exchange index, Eurostat

Constant prices, IFS

WIIW database

Finland

Developed, bank-based

1970Q12012Q3

All types of dwellings, new and existing, BIS

Helsinki Stock Exchange AllShare Index, Eurostat

Constant prices, IFS

Net wage, IFS

Developed, bank-based

1996Q12012Q4

All types of dwellings, existing, BIS

Compagnie des Agents de Change 40 Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

France

Developed, marketbased

1996Q12012Q4

All types of dwellings, BIS

HSI Index, Bloomberg

Constant prices, IFS

Net wage, IFS

Real, IFS

Hong Kong

Hungary

Emerging, bank-based

2001Q42012Q4

All types of dwellings, existing, BIS

Budapest Stock index, Eurostat

Constant prices, IFS

WIIW database

-

Developed, bank-based

2000Q12012Q3

All types of dwellings, new and existing, BIS

ICEXI15 Index, Bloomberg

Constant prices, IFS

Net wage, IFS

-

Iceland

Emerging, bank-based

2002Q12012Q4

All types of dwellings, new, BIS

JCI Index, Bloomberg

Constant prices, IFS

Net wage, IFS

-

Indonesia

Developed, marketbased

2001Q12012Q4

All types of dwellings, new and existing, BIS

TA-25 Index, Bloomberg

Constant prices, IFS

Net wage, IFS

-

Israel

Developed, marketbased

1986Q12012Q4

All types of dwellings, new and existing, BIS

KOSPI Index, Bloomberg

Constant prices, IFS

Net wage, IFS

-

Korea

Lithuania

Emerging, bank-based

2000Q12012Q4

All types of dwellings, new and existing, BIS

Vilnius Stock Exchange Index, Eurostat

Constant prices, IFS

WIIW database

Netherlands

Developed,

1977Q1-

All types of dwellings,

Amsterdam

Constant

Net

Austria

Developed, bank-based

Australia

WIIW database

-

Real, IFS

-

-

Real, IFS

-

Real, IFS

-

Real, IFS

marketbased

2012Q2

existing, BIS

Exchanges index, Eurostat

prices, IFS

wage, IFS

All types of dwellings, new and existing, BIS

Share price index, IFS

Constant prices, IFS

Net wage, IFS

-

1982Q22012Q4

All types of dwellings, new and existing, BIS

Oslo Bors AllShare Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

1992Q12012Q4

All types of dwellings, new and existing, BIS

Portuguese Stock Index 20, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

1988Q12012Q1 2001Q12012Q3

All types of dwellings, existing, BIS

INDEXCF Index, Bloomberg, Eurostat

Constant prices, IFS

WIIW database

2003Q12012Q3

All types of dwellings, new and existing, BIS

Slovenski Borzni Index

Constant prices, IFS

WIIW database

-

All types of dwellings, new and existing, BIS

Association of Stock Exchanges Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

1995Q12012Q3

New Zeland

Developed, marketbased

Norway

Developed, bank-based

Portugal

Developed, bank-based

Russia

Emerging, bank-based

Slovenia

Emerging, bank-based

Spain

Developed, bank-based Developed, marketbased

1986Q12012Q4

All types of dwellings, new and existing, BIS

OMX Stockholm 30 Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

Sweden

Developed, marketbased

1988Q32012Q4

Single-family houses and flats, new and existing, BIS

SMI Index, Bloomberg

Constant prices, IFS

Net wage, IFS

-

Switzerland

Developed, marketbased

1970Q12012Q4

All types of dwellings, new and existing, BIS

FTSE MIB Index, Eurostat

Constant prices, IFS

Net wage, IFS

Real, IFS

UK

Developed, marketbased

1975Q42012Q4

All types of dwellings, existing, BIS

Dow Jones Industrial Index, Eurostat

Constant prices, IFS

Net wage, IFS

-

USA

-