Bangladesh : Technical Assistance Report-Residential Property Price Indices Mission.

The contents of this report constitute technical advice provided by the staff of the IMF to the authorities of Bangladesh in response to their request for technical assistance. The purpose of the mission was to assist the Bangladesh Bank (BB) in progressing on the compilation of a residential proper...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Statistics Dept
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Staff Country Reports; Country Report ; No. 2020/195
Subjects:
Acceso en liña:Full text available on IMF
Descripción
Summary:The contents of this report constitute technical advice provided by the staff of the IMF to the authorities of Bangladesh in response to their request for technical assistance. The purpose of the mission was to assist the Bangladesh Bank (BB) in progressing on the compilation of a residential property price index. BB has plans to set up a new data collection system to improve the current existing data starting from July 2020. The new data collection will expand the geographic coverage and the type of dwellings and mostly will increase the current sample resulting in more accurate results. The mission recommended the use of R instead of other software since it allows to perform all the necessary calculations in one script and single software. The mission provided training particularly on the hedonic methods, chain linking and rebasing. The hedonic methods are the most recommended to address the quality changes on the mix of dwellings transacted when following the price of real estate.
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Descrición Física:1 online resource (17 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students