Since 2014
The analysis of the determinants of housing prices
Independent Journal of Management & Production
View Archive Info| Field | Value | |
| Title |
The analysis of the determinants of housing prices
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| Creator |
Cohen, Viktorija
Karpavičiūtė, Lina |
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| Subject |
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housing price determinants, housing market, macroprudential policy, emigration, transition economy |
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| Description |
Fundamental determinants of housing prices which affect housing demand and supply are the most common in developed countries. These are economic and financial determinants as well as demographic indicators. However, housing price analysis in less developed countries submit controversial and not sufficient results about the impact of interest rate, inflation and unemployment. Moreover, it does not investigate the influence of demographic variables and the means of economic policy. In this article the effect of GDP, unemployment, inflation, interest rate, emigration and the means of macroprudential policy on housing prices in Lithuania was evaluated. The results showed that inflation, interest rate and emigration are not causal determinants of housing prices, which mostly depend on GDP, unemployment, the means of macroprudential policy and the average housing prices in the previous period.
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| Publisher |
Instituto Federal de Educação, Ciência e Tecnologia de São Paulo
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| Contributor |
—
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| Date |
2017-03-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
text/html |
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| Identifier |
http://www.ijmp.jor.br/index.php/ijmp/article/view/521
10.14807/ijmp.v8i1.521 |
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| Source |
Independent Journal of Management & Production; Vol 8, No 1 (2017): Independent Journal of Management & Production; 049-063
2236-269X |
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| Language |
eng
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| Relation |
http://www.ijmp.jor.br/index.php/ijmp/article/view/521/616
http://www.ijmp.jor.br/index.php/ijmp/article/view/521/635 http://www.ijmp.jor.br/index.php/ijmp/article/downloadSuppFile/521/235 |
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| Rights |
Copyright (c) 2017 Viktorija Cohen, Lina Karpavičiūtė
http://creativecommons.org/licenses/by/4.0 |
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