An empirical study on the relationship of negative real interest rates and house prices in the Philippines

• Main Authors: Chung, Carlene Rosebelle R., Ong, Richard Raymond P., Solim, Merrizze Izleen T., Yu, Sherry Lynn C.
• Format: text
• Language: English
• Published: Animo Repository 2013
• Subjects: Interest rates; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18521
• Institution: De La Salle University

The importance of negative real interest rates in accounting for the house prices has been recognized as an important risk to economic stability. This paper aimed to empirically show the importance of real interest rates as well as other macroeconomic factors in explaining changes in house prices in...