IDEAS home Printed from https://ideas.repec.org/a/eme/ijhmap/ijhma-07-2023-0094.html
   My bibliography  Save this article

Macro-economic indicators and housing price index in Spain: fresh evidence from FMOLS and DOLS

Author

Listed:
  • Ali Raza
  • Laiba Asif
  • Turgut Türsoy
  • Mehdi Seraj
  • Gül Erkol Bayram

Abstract

Purpose - This study aims to determine how changes in macroeconomic indicators and the housing prices index (HPI) are related. These factors can cause short-term and long-term changes in the housing market in Spain. Design/methodology/approach - The study used cointegrating regression, fully modified ordinary least squares and dynamic ordinary least squares methodologies. The models are trained using quarterly time series data for these parameters from 2010 to 2022. A comprehensive examination is conducted to explore the relationship between macroeconomic issues and fluctuations in the HPI. Findings - The results indicate statistically significant short-run effects (p

Suggested Citation

  • Ali Raza & Laiba Asif & Turgut Türsoy & Mehdi Seraj & Gül Erkol Bayram, 2023. "Macro-economic indicators and housing price index in Spain: fresh evidence from FMOLS and DOLS," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, vol. 18(1), pages 227-248, September.
    • Handle: RePEc:eme:ijhmap:ijhma-07-2023-0094
    DOI: 10.1108/IJHMA-07-2023-0094
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/IJHMA-07-2023-0094/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/IJHMA-07-2023-0094/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/IJHMA-07-2023-0094?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ijhmap:ijhma-07-2023-0094. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.