INCOME EXPECTATIONS, CREDIT TO HOUSEHOLDS, AND PROPERTY PRICES: EVIDENCE FROM INDONESIA AND BRAZIL

INCOME EXPECTATIONS, CREDIT TO HOUSEHOLDS, AND PROPERTY PRICES: EVIDENCE FROM INDONESIA AND BRAZIL

We investigate the long-term cointegration relation between residential property prices, household credit expansion, and household income expectations and identify the channels through which income expectation impacts residential property prices in the short term for Indonesia and Brazil. We find th...

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Bibliographic Details
Main Author: Huson Ali Ahmed
Format: Article
Language:Indonesian
Published: Bank Indonesia 2020-01-01
Series:Bulletin Ekonomi Moneter dan Perbankan
Subjects:
income expectation
household credit
structural breaks;
shocks
Online Access:https://www.bmeb-bi.org/index.php/BEMP/article/view/1174

Internet

https://www.bmeb-bi.org/index.php/BEMP/article/view/1174

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