House Price Determinants in Selected Countries of the Former Soviet Union /

This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the dyn...

Descrición completa

Detalles Bibliográficos
Autor Principal: Stepanyan, Vahram
Outros autores: Bibolov, Aidyn, Poghosyan, Tigran
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/104
Acceso en liña:Full text available on IMF
LEADER 01706cas a2200265 a 4500
001 AALejournalIMF006419
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781455200634 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Stepanyan, Vahram. 
245 1 0 |a House Price Determinants in Selected Countries of the Former Soviet Union /  |c Vahram Stepanyan, Tigran Poghosyan, Aidyn Bibolov. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2010. 
300 |a 1 online resource (15 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyses the recent boom-bust cycle in the housing markets of selected Former Soviet Union (FSU) countries. The analysis is based on a newly constructed database on house prices in the FSU countries. Our estimations suggest that house price developments can largely be explained by the dynamics of fundamentals, such as GDP, remittances, and external financing. Overall, we find that deviations of house prices from their fundamentals have not been pronounced, suggesting that house price bubbles have not been formed in the FSU countries. 
538 |a Mode of access: Internet 
700 1 |a Bibolov, Aidyn. 
700 1 |a Poghosyan, Tigran. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2010/104 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2010/104/001.2010.issue-104-en.xml  |z IMF e-Library