The relationship between stock and real estate prices in Turkey: Evidence around the global financial crisis

Research on the relationship between stock and real estate prices focuses on two transmission mechanisms, namely the wealth and credit-price effects. This paper uses the 2007 global financial crisis as a natural experiment and examines whether the relationship between real estate prices and stock pr...

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Bibliographic Details
Main Author: Asli Yuksel
Format: Article
Language:English
Published: Elsevier 2016-03-01
Series:Central Bank Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S130307011600007X