Causal relationship between banking system development and real estate market

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

THE CAUSAL RELATIONSHIP BETWEEN REAL ESTATE AND STOCK MARKETS by JOHN OKUNEV SCHOOL OF BANKING AND FINANCE UNIVERSITY OF NEW SOUTH WALES, SYDNEY

This paper examines the dynamic relationship that exists between the US real estate and S&P 500 stock markets between the years of 1972 to 1998. This is achieved by conducting both linear and nonlinear causality tests. The results from these tests provide a number of interesting observations which primarily show linear relationships to be spuriously affected by structural shifts which are inher...

متن کامل

The Survey of the Causal Relationship between Banking Concentration and Economic Growth

This paper examines the causality between concentration in banking industry and economic growth by using data across 15 countries named in "Iran outlook in 2025", over the period 2004-2011. Our aim is to assess whether the economy grows more or less rapidly in areas where the banking sector is more concentrated. The topic is motivated by the fact that the causality between concentration in bank...

متن کامل

Causal nexus between economic growth, banking sector development, stock market development, and other macroeconomic variables: The case of ASEAN countries

a r t i c l e i n f o JEL classification: O43 O16 E44 E31 Keywords: Banking sector Stock market Economic growth Granger causality ASEAN countries This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construc...

متن کامل

Banking regulation, capital crunches and real estate crises¤

We construct an economy where, in the presence of binding regulatory capital requirements, a two way interaction between banks’ capitalisation and borrowers’ choice of projects propagates negative shocks to technology or regulation. The key elements behind this ...nancial accelerator are a limited substitutability in entrepreneurs’ sources of external ...nance, a moral hazard in entrepreneurs’ ...

متن کامل

Modeling of Real Estate Income Tax: System Dynamics Approach

This study aims to design a model to realize real estate income tax in Tabriz city with due attention to the tax collection process. According to the related literature, the variables of "tax payment," "real estate," "tax evasion," "investment incentive," "rent and real estate speculation," and "advertisement in tax collection" are considered as key variables, affecting the conceptual model of ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Management Science Letters

سال: 2020

ISSN: 1923-9335,1923-9343

DOI: 10.5267/j.msl.2019.8.017