abstract this study investigates the impact of housing and non- housing investment on the iran's gross domestic production (gdp) using quarterly data from 1370-1 to 1386-4. considering that iran has an open economy and that the net export plays an important role in gdp fluctuations, this research focuses on the difference between the effects of residential and non-residential investment in open...

R esidential investment is one of the most volatile components of GDP. Coming out of a recession, it is not uncommon for residential investment to jump by more than 20 percent in a year. Going into a recession, it may fall by a similar fraction. Thus, while residential investment accounts for just 4 percent of GDP, it can have a disproportionate influence at critical junctures. Fluctuations in ...

What are the macroeconomic consequences of changing aggregate lending standards in residential mortgage markets, as measured by loan-to-value (LTV) ratios? Using a structural VAR, we find that GDP and business investment increase following an expansionary LTV shock. Residential investment, by contrast, falls, a result that depends on the systematic reaction of monetary policy. We show that, in ...

Real residential investment in Germany is found to be cointegrated with population, real national income per capita and real house prices. This evidence is consistent with a model where the trend in housing demand is determined by demographic factors and economic well-being to which supply adjusts so slowly that real house prices are affected persistently. Reunification seems to have induced tw...

just like any other economic field, housing market has two basic foundations which are demand and supply. its obvious that disequilibrum between these foundations, will drasticaly affect the housing affordability and can also lead to wide slump in many markets. that’s why, policy makers usually intend to stimulat the supply by means of providing low intrest loans, low priced land, etc. in this ...

2 Model Designs 3 2.1 The Base Macro-economic Model . . . . . . . . . . . . . . . . 4 2.2 The Demand For Credit . . . . . . . . . . . . . . . . . . . . . 4 2.2.1 Fixed Investment . . . . . . . . . . . . . . . . . . . . . 5 2.2.2 Residential Investment . . . . . . . . . . . . . . . . . . 6 2.2.3 Consumption . . . . . . . . . . . . . . . . . . . . . . . 8 2.3 The Supply of Credit . . . . . . . . ...

Just like any other economic field, housing market has two basic foundations which are demand and supply. Its obvious that disequilibrum between these foundations, will drasticaly affect the housing affordability and can also lead to wide slump in many markets. That’s why, policy makers usually intend to stimulat the supply by means of providing low intrest loans, low priced land, etc. In this ...

Keywords: Capital asset pricing model (Capm) Capital asset pricing theory Finance theory Hedonic pricing Portfolio theory Residential rental real estate investment (RRREI) Security market line Systematic/unsystematic risk