search query: @author Berger, T. (et al.) / total: 1
reference: 1 / 1
« previous | next »
| Author: | Berger, T. (et al.) |
| Title: | The capitalization of interest subsidies: Evidence from Sweden |
| Journal: | Journal of Money, Credit and Banking
2000 : MAY, VOL. 32:2, p. 199-217 |
| Index terms: | Interest rates Housing Assets Prices Sweden Scandinavia Europe |
| Freeterms: | Nordic countries Capitalization |
| Language: | eng |
| Abstract: | This study analyzes an extensive database in estimating capitalization of below-market interest rates into asset prices. Nearly 300 000 sales of owner-occupied homes in Sweden from 1981 to 1993 with 27 000 including government-subsidized interest rates. This study's estimates indicate very clearly that interest subsidies are capitalized into house prices. |
« previous | next »
SCIMA