130401 20240125162929.0 doi 10.1080/13504851.2016.1142648 sideral 94959 ART-2016-94959 eng Ferruz, L. Universidad de Zaragoza (orcid)0000-0002-3816-9747 Analysis of the impact of excess mortgages on housing prices using the cointegration test 2016 This article attempts to explain and predict housing prices by constructing a model based on the variables that most influence demand: the theoretical purchase effort index without tax deductions as well as a new and innovative indicator that includes the excess of mortgages granted. The Johansen methodology for cointegration analysis reveals the existence of long-run equilibrium and the model’s subsequent ECM, to verify the statistical significance of the variables, confirms the validity of the model concerning this Spanish case study. Access copy available to the general public Unrestricted info:eu-repo/semantics/openAccess by-nc http://creativecommons.org/licenses/by-nc/3.0/es/ 0.478 2016 ECONOMICS 281 / 347 = 0.81 2016 Q4 T3 0.357 2016 Economics and Econometrics 2016 Q3 info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion Lample, L. (orcid)0000-0003-2448-5228 4002 230 Universidad de Zaragoza Dpto. Contabilidad y Finanzas Área Economía Finan. y Contab. 23, 16 (2016), [5 pp.] Appl. econ. lett. APPLIED ECONOMICS LETTERS 1350-4851 689685 http://zaguan.unizar.es/record/130401/files/texto_completo.pdf Postprint 902431 http://zaguan.unizar.es/record/130401/files/texto_completo.jpg?subformat=icon icon Postprint oai:zaguan.unizar.es:130401 articulos driver 2024-01-25-15:07:40 ARTICLE