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Detección de burbujas inmobiliarias: el caso español

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Author Info

  • José Francisco Bellod Redondo

Abstract

En este trabajo examinamos el comportamiento del mercado inmobiliario español en el periodo 1989 – 2009. Hemos tratado de verificar si la intensa escalada de precios entre los años 1999 – 2007 obedece a la existencia de una burbuja especulativa o si es debida a factores fundamentales. Para ello hemos aplicado una triple metodología: test de cointegración, test no – estructurales ampliamente utilizados en la evaluación de los precios de los activos financieros (Test de Límite de la Varianza y Test de Supervivencia) y, finalmente, el Filtro de Kalman. Este último nos permite hacer un seguimiento trimestral del comportamiento especulativo de los compradores de vivienda. En conjunto, estos tests aportan evidencia empírica demostrativa de la existencia de una burbuja.

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File URL: http://www.eumed.net/ce/2011a/jfbr.htm
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Bibliographic Info

Article provided by Grupo Eumed.net (Universidad de Málaga) in its journal Contribuciones a la Economía.

Volume (Year): (2011)
Issue (Month): 2011-05 (May)
Pages:

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Handle: RePEc:erv:contri:y:2011:i:2011-05:13

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Web page: http://www.eumed.net/ce/

Related research

Keywords: Burbuja; Especulación; Vivienda; España;

References

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Citations

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Cited by:
  1. José Francisco Bellod Redondo, 2012. "Estafa E Ingeniería Financiera: El Caso De La Caja De Ahorros Del Mediterráneo," Contribuciones a la Economía, Grupo Eumed.net (Universidad de Málaga), issue 2012-08, August.
  2. José Francisco Bellod Redondo, 2012. "Estructura De Poder Y Decadencia De La Caja De Ahorros Del Mediterráneo," Contribuciones a la Economía, Grupo Eumed.net (Universidad de Málaga), issue 2012-08, August.
  3. Contreras, Alex, 2013. "Estabilidad financiera y boom inmobiliario," Revista Moneda, Banco Central de Reserva del Perú, issue 153, pages 32-35.

Lists

This item is featured on the following reading lists or Wikipedia pages:
  1. Kinh tế học bất động sản in Wikipedia Vietnamese ne '')
  2. Real estate bubble in Wikipedia English ne '')
  3. Burbuja inmobiliaria en España in Wikipedia Spanish ne '')
  4. Gelembung hartanah in Wikipedia Malay ne '')
  5. Real estate economics in Wikipedia English ne '')
  6. Gelembung ekonomi in Wikipedia Malay ne '')
  7. Filtro de Kalman in Wikipedia Spanish ne '')

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