haku: @indexterm Housing / yhteensä: 334
viite: 35 / 334
Tekijä: | Berger, T. (et al.) |
Otsikko: | The capitalization of interest subsidies: Evidence from Sweden |
Lehti: | Journal of Money, Credit and Banking
2000 : MAY, VOL. 32:2, p. 199-217 |
Asiasana: | Interest rates Housing Assets Prices Sweden Scandinavia Europe |
Vapaa asiasana: | Nordic countries Capitalization |
Kieli: | eng |
Tiivistelmä: | 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. |
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