Publicação
The impact of a country's economic factors on housing prices: the case of Portugal
| Resumo: | House market is an important sctor not only in the economy of a country, but also for living conditions of the population. This research seeks to understand the main drivers of the house prices of an European country using the Engle-Granger (EG) Cointegration Analysis. Analysing the Portuguese housing market with quartely data between 1998 and 2019 it is possible to show that in long-term unemployment and interest rate are negatively related and that population, inflation and money supply are positively related with house prices. |
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| Autores principais: | Rehman, Saira |
| Outros Autores: | Alves, Jorge; Moutinho, Nuno |
| Assunto: | House prices Cointegration Error correlation Long-term effects Short-term effects |
| Ano: | 2020 |
| País: | Portugal |
| Tipo de documento: | documento de conferência |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Instituto Politécnico de Bragança |
| Idioma: | inglês |
| Origem: | Biblioteca Digital do IPB |
| Resumo: | House market is an important sctor not only in the economy of a country, but also for living conditions of the population. This research seeks to understand the main drivers of the house prices of an European country using the Engle-Granger (EG) Cointegration Analysis. Analysing the Portuguese housing market with quartely data between 1998 and 2019 it is possible to show that in long-term unemployment and interest rate are negatively related and that population, inflation and money supply are positively related with house prices. |
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