Don't Look Up: House Prices in Emerging Europe

Released on by Mr. Serhan Cevik
preview-18

  • Don't Look Up: House Prices in Emerging Europe Book Detail

  • Author : Mr. Serhan Cevik
  • Release Date : 2022-12-02
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 23
  • ISBN 13 :
  • File Size : 99,99 MB
DOWNLOAD BOOK

Don't Look Up: House Prices in Emerging Europe by Mr. Serhan Cevik PDF Summary

Book Description: This paper investigates how housing prices respond to economic, financial and demographic conditions in emerging markets in Europe. We use quarterly data covering 10 countries over the period 1998–2022 and implement a panel quantile regression approach to obtain a granular analysis of real estate markets. Overall, economic, financial and demographic factors explain the changes in real house prices in emerging Europe, with income growth having the most significant impact. Quantile regression estimations show that income growth matters more for higher housing prices than those at the lower quantiles of the property market. We also find that an increase in short-term or long-term interest rates have a price-dampening impact, indicating that a higher cost of borrowing is associated with lower real house prices. These results indicate that the downturn in house prices could deepen with the looming economic recession and soaring interest rates.

Disclaimer: www.yourbookbest.com does not own Don't Look Up: House Prices in Emerging Europe books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Rick Steves Eastern Europe

Rick Steves Eastern Europe

File Size : 72,72 MB
Total View : 9317 Views
DOWNLOAD

From romantic cities steeped in history to the stunning slopes of the Alps, get to know this exciting slice of Europe: with Rick Steves on your side, Eastern Eu

Monetary and Fiscal Policy

Monetary and Fiscal Policy

File Size : 23,23 MB
Total View : 591 Views
DOWNLOAD

Monetary and fiscal Policy : Present successes and future problems, 3rd report of session 2003-04, Vol. 2: Evidence