House Price Determinants in Selected Countries of the Former Soviet Union /

This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the dyn...

詳細記述

書誌詳細
第一著者: Stepanyan, Vahram
その他の著者: Bibolov, Aidyn, Poghosyan, Tigran
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2010.
シリーズ:IMF Working Papers; Working Paper ; No. 2010/104
オンライン・アクセス:Full text available on IMF
その他の書誌記述
要約:This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the dynamics of fundamentals, such as GDP, remittances, and external financing. Overall, we find that deviations of house prices from their fundamentals have not been pronounced, suggesting that house price bubbles have not been formed in the FSU countries.
記述事項:<strong>Off-Campus Access:</strong> No User ID or Password Required
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物理的記述:1 online resource (15 pages)
フォーマット:Mode of access: Internet
ISSN:1018-5941
アクセス:Electronic access restricted to authorized BRAC University faculty, staff and students