STATISTICAL ANALYSIS FOR IMPACTS OF ECONOMICAL CONDITIONS ON HOUSING MARKETS: AN EXAMPLE ON FRAGILE 5 COUNTRIES

Ali Hepsen; Olgun Aydin; Orhan Vatandas

Article Details

STATISTICAL ANALYSIS FOR IMPACTS OF ECONOMICAL CONDITIONS ON HOUSING MARKETS: AN EXAMPLE ON FRAGILE 5 COUNTRIES

Authors:

Ali Hepsen | Olgun Aydin | Orhan Vatandas

Publisher:

PressAcademia

Journal:

Journal of Business Economics and Finance 2015 Vol.4 Issue 1, pp.0-0

Document Type:

Article

Publication Date:

3/2015

Document Language:

Turkish

Document ID (Org No.):

2000737934

Frequency:

Quarterly

eISSN:

2146-7943

Abstract:

 


 In the year 2013, Morgan Stanley declared the Brazilian real, the Indian rupee, the Indonesian rupiah, the South African rand and the Turkish lira as the "Fragile Five," or the troubled emerging market currencies under the most pressure against the U.S. dollar. For those countries, housing market has been a key driver of growth and has been a steady and robust performer since the year 2000. The main purpose of this study is to investigate, modeling whether there is a long-run relationship between macroeconomic indicators and housing markets in Fragile Five countries by correlation analysis, regression, krigingmetamodelling for the twelve year period from 2002 to 2013. The findings of this paper would help government and property investors for creating more effective property management strategies in these countries. 

 

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Article Details

STATISTICAL ANALYSIS FOR IMPACTS OF ECONOMICAL CONDITIONS ON HOUSING MARKETS: AN EXAMPLE ON FRAGILE 5 COUNTRIES

Authors: Ali Hepsen | Olgun Aydin | Orhan Vatandas

Publisher: PressAcademia

Journal: Journal of Business Economics and Finance 2015 Vol.4 Issue 1, pp.0-0

Document Type: Article

Publication Date: 3/2015

Document Language: Turkish

Document ID (Org No.): 2000737934

Frequency: Quarterly

eISSN: 2146-7943

Issues

Authors:

Ali Hepsen | Olgun Aydin | Orhan Vatandas

Publisher:

PressAcademia

Journal:

Journal of Business Economics and Finance 2015 Vol.4 Issue 1, pp.0-0

Document Type:

Article

Publication Date:

3/2015

Document Language:

Turkish

Document ID (Org No.):

2000737934

Frequency:

Quarterly

eISSN:

2146-7943