Determinants of House Prices in Central and Eastern Europe

被引：0
|
作者：
Balázs Égert
Dubravko Mihaljek
机构：
[1] Oesterreichische Nationalbank,
[2] EconomiX at the University of Paris X-Nanterre,undefined
[3] William Davidson Institute at the University of Michigan,undefined
[4] Bank for International Settlements,undefined
[5] Centralbahnplatz 2,undefined
来源：
Comparative Economic Studies | 2007年 / 49卷 / 3期
关键词：
House prices; housing market; transition economies; central and eastern Europe; OECD countries; E20; E39; P25; R21; R31;
D O I：
10.1057/palgrave.ces.8100221
中图分类号：
学科分类号：
摘要：
This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing credit and demographic factors, have driven the observed house prices in CEE. We show that house prices in CEE can be explained well by the underlying conventional fundamentals and some transition specific factors, in particular institutional development of housing markets and housing finance and quality effects.
引用
收藏
页码：367 / 388
页数：21
相关论文
共 50 条
  • [1] Determinants of House Prices in Central and Eastern Europe
    Egert, Balazs
    Mihaljek, Dubravko
    [J]. COMPARATIVE ECONOMIC STUDIES, 2007, 49 (03) : 367 - 388
  • [2] DETERMINANTS OF ECONOMIC GROWTH IN THE COUNTRIES OF CENTRAL AND EASTERN EUROPE
    Vukoja, Oriana
    [J]. EKONOMSKI PREGLED, 2008, 59 (9-10): : 549 - 575
  • [3] Determinants of the export structure of countries in Central and Eastern Europe
    Hoekman, B
    Djankov, S
    [J]. WORLD BANK ECONOMIC REVIEW, 1997, 11 (03): : 471 - 487
  • [4] Determinants of discretionary fiscal policy in Central and Eastern Europe
    Arsic, Milojko
    Nojkovic, Aleksandra
    Randjelovic, Sasa
    [J]. ECONOMIC SYSTEMS, 2017, 41 (03) : 367 - 378
  • [5] Determinants of financial performance of banks in Central and Eastern Europe
    Antoun, Roger
    Coskun, Ali
    Georgievski, Bojan
    [J]. BUSINESS AND ECONOMIC HORIZONS, 2018, 14 (03) : 513 - 529
  • [6] Determinants of Bank M&As in Central and Eastern Europe
    Andries, Alin Marius
    Cazan, Sabina
    Sprincean, Nicu
    [J]. JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2021, 14 (12)
  • [7] The determinants of service exports from Central and Eastern Europe
    Kandilov, Ivan T.
    Grennes, Thomas
    [J]. ECONOMICS OF TRANSITION, 2010, 18 (04) : 763 - 794
  • [8] Determinants of house prices in Malaysia
    Kabine, Camara Alpha
    [J]. INTERNATIONAL JOURNAL OF HOUSING MARKETS AND ANALYSIS, 2023, 16 (01) : 85 - 99
  • [9] DETERMINANTS OF URBAN HOUSE PRICES
    RICHARDSON, HW
    VIPOND, J
    FURBEY, RA
    [J]. URBAN STUDIES, 1974, 11 (02) : 189 - 199
  • [10] Commodity prices and domestic credit in Central and Eastern Europe: Are there asymmetric effects?
    Hegerty, Scott W.
    [J]. ECONOMIC SYSTEMS, 2024, 48 (01)
12345