Macroeconomic variables and the housing market in Turkey

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dc.authorid0000-0002-8276-7648en_US
dc.contributor.authorSarı, Ramazan
dc.contributor.authorEwing, Bradley T.
dc.contributor.authorAydın, Bahadır
dc.date.accessioned2021-06-23T19:19:55Z
dc.date.available2021-06-23T19:19:55Z
dc.date.issued2007
dc.departmentBAİBÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.description.abstractThis paper investigates the relation between housing starts and macroeconomic variables in Turkey from 1961 to 2000. The generalized variance decomposition approach is used to examine relations between housing market activity and prices, interest rates, output, money stock, and employment. In contrast to previous findings for developed countries, our results indicate that the monetary aggregate has a relatively more important and substantial effect on housing investment than does employment. Generally speaking, shocks to interest rates, output, and prices have noticeable effects on changes in the Turkish housing market.en_US
dc.identifier.doi10.2753/REE1540-496X430501
dc.identifier.endpage19en_US
dc.identifier.issn1540-496X
dc.identifier.issue5en_US
dc.identifier.scopus2-s2.0-36049049544en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage5en_US
dc.identifier.urihttps://doi.org/10.2753/REE1540-496X430501
dc.identifier.urihttps://hdl.handle.net/20.500.12491/6027
dc.identifier.volume43en_US
dc.identifier.wosWOS:000250423900002en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorSarı, Ramazan
dc.institutionauthorAydın, Bahadır
dc.language.isoenen_US
dc.publisherM E Sharpe Incen_US
dc.relation.ispartofEmerging Markets Finance And Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEmploymenten_US
dc.subjectHousing Investmenten_US
dc.subjectMonetary Policyen_US
dc.subjectVariance Decompositions.en_US
dc.titleMacroeconomic variables and the housing market in Turkeyen_US
dc.typeArticleen_US

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