Analysis of the impact of excess mortgages on housing prices using the cointegration test
Ferruz, L. (Universidad de Zaragoza) ; Lample, L.
Resumen: 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.
Idioma: Inglés
DOI: 10.1080/13504851.2016.1142648
Año: 2016
Publicado en: APPLIED ECONOMICS LETTERS 23, 16 (2016), [5 pp.]
ISSN: 1350-4851
Factor impacto JCR: 0.478 (2016)
Categ. JCR: ECONOMICS rank: 281 / 347 = 0.81 (2016) - Q4 - T3
Factor impacto SCIMAGO: 0.357 - Economics and Econometrics (Q3)
Tipo y forma: Article (PostPrint)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)
You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes.
Exportado de SIDERAL (2024-01-25-15:07:40)
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Idioma: Inglés
DOI: 10.1080/13504851.2016.1142648
Año: 2016
Publicado en: APPLIED ECONOMICS LETTERS 23, 16 (2016), [5 pp.]
ISSN: 1350-4851
Factor impacto JCR: 0.478 (2016)
Categ. JCR: ECONOMICS rank: 281 / 347 = 0.81 (2016) - Q4 - T3
Factor impacto SCIMAGO: 0.357 - Economics and Econometrics (Q3)
Tipo y forma: Article (PostPrint)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)
You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes. Exportado de SIDERAL (2024-01-25-15:07:40)
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Record created 2024-01-25, last modified 2024-01-25