IDEAS home Printed from https://ideas.repec.org/b/nbp/nbpcha/2.html
   My bibliography  Save this book

Papers presented during the Narodowy Bank Polski Workshop: Recent trends in the real estate market and its analysis - 2015 edition

Editor

Listed:
  • Hanna Augustyniak
  • Jacek Łaszek
  • Krzysztof Olszewski
  • Joanna Waszczuk

Author

Listed:
  • Adrienne Csizmady
  • József Hegedüs
  • Christophe André
  • Elisabeth Beckmann,
  • Antje Hildebrandt
  • Krisztina Jäger-Gyovai
  • Agnieszka Nierodka
  • Martin Schneider
  • Karin Wagner
  • Guenter Karl
  • Robert Leszczyński
  • Jerry Cao
  • Bihong Huang
  • Rose Neng Lai
  • Martin Lux
  • Petr Gibas
  • Irena Boumová
  • Martin Hájek
  • Mick Silver
  • Gyula Nagy
  • Magdalena Erdem
  • Michela Scatigna
  • Timur Hülagü
  • Erdi Kızılkaya
  • Ali Gencay
  • Pınar Tunar
  • Xi Chen
  • Michael Funke
  • Jens Mehrhoff
  • Elena Triebskorn
  • Hanna Augustyniak
  • Jacek Łaszek
  • Krzysztof Olszewski
  • Joanna Waszczuk

Abstract

The Narodowy Bank Polski organized during November 5-6, 2015 for the second time an international workshop to discuss current issues in the field of real estate analysis from the central bank’s point of view. The development of residential real estate prices as well as commercial real estate prices and real estate financing were also covered during the workshop. The workshop was aimed at researchers who work in academia, private firms and central banks. The workshop focused on the following topics: Real estate finance, fiscal and monetary policy and the macroeconomic and financial stability – analysis and the monitoring of real estate indicators, Modeling of real estate cycles (demand and supply), The development of property prices, its modeling and analysis.

Suggested Citation

  • Adrienne Csizmady & József Hegedüs & Christophe André & Elisabeth Beckmann, & Antje Hildebrandt & Krisztina Jäger-Gyovai & Agnieszka Nierodka & Martin Schneider & Karin Wagner & Guenter Karl & Robert , 2016. "Papers presented during the Narodowy Bank Polski Workshop: Recent trends in the real estate market and its analysis - 2015 edition," NBP Conference Publications, Narodowy Bank Polski, number 2 edited by Hanna Augustyniak & Jacek Łaszek & Krzysztof Olszewski & Joanna Waszczuk, December.
  • Handle: RePEc:nbp:nbpcha:2
    as

    Download full text from publisher

    File URL: https://static.nbp.pl/publikacje/materialy-i-studia/243_1en.pdf
    Download Restriction: no

    File URL: https://static.nbp.pl/publikacje/materialy-i-studia/243_2en.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wolfgang Amann & Julia Jedelhauser, 2005. "The Austrian System of Social Housing Finance," ERES eres2005_104, European Real Estate Society (ERES).
    2. Paul van den Noord, 2005. "Tax Incentives and House Price Volatility in the Euro Area: Theory and Evidence," Economie Internationale, CEPII research center, issue 101, pages 29-45.
    3. Bourassa, Steven & Hoesli, Martin & Scognamiglio, Donato, 2010. "Housing finance, prices, and tenure in Switzerland," MPRA Paper 45990, University Library of Munich, Germany.
    4. Iva Cecchin, 2011. "Mortgage Rate Pass-Through in Switzerland," Working Papers 2011-08, Swiss National Bank.
    5. International Monetary Fund, 2014. "Switzerland: Technical Note-Macroprudential Institutional Arrangements and Policies," IMF Staff Country Reports 2014/269, International Monetary Fund.
    6. Martin Schneider, 2013. "Are Recent Increases of Residential Property Prices in Vienna and Austria Justified by Fundamentals?," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 29-46.
    7. Nicolas Albacete & Peter Lindner, 2015. "Foreign currency borrowers in Austria – evidence from the Household Finance and Consumption Survey," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 29, pages 93-109.
    8. Dan Andrews & Aida Caldera Sánchez & Åsa Johansson, 2011. "Housing Markets and Structural Policies in OECD Countries," OECD Economics Department Working Papers 836, OECD Publishing.
    9. Philip Arestis & Peter Mooslechner & Karin Wagner (ed.), 2009. "Housing Market Challenges in Europe and the United States," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-24698-0, June.
    10. Elisabeth Springler & Karin Wagner, 2009. "Determinants of Homeownership Rates: Housing Finance and the Role of the State," Palgrave Macmillan Books, in: Philip Arestis & Peter Mooslechner & Karin Wagner (ed.), Housing Market Challenges in Europe and the United States, chapter 4, pages 60-84, Palgrave Macmillan.
    11. Voigtländer, Michael, 2012. "The Stability of the German Housing Market," MPRA Paper 43315, University Library of Munich, Germany.
    12. Judith Eidenberger & David Liebeg & Stefan W. Schmitz & Reinhardt Seliger & Michael Sigmund & Katharina Steiner & Peter Strobl & Eva Ubl, 2014. "Macroprudential Supervision: A Key Lesson from the Financial Crisis," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 27, pages 83-94.
    13. Karol Jan Borowiecki, 2009. "The Determinants of House Prices and Construction: An Empirical Investigation of the Swiss Housing Economy," International Real Estate Review, Global Social Science Institute, vol. 12(3), pages 193-220.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin Schneider & Karin Wagner, 2016. "Housing markets in Austria, Germany and Switzerland," Chapters from NBP Conference Publications, in: Hanna Augustyniak & Jacek Łaszek & Krzysztof Olszewski & Joanna Waszczuk (ed.), Papers presented during the Narodowy Bank Polski Workshop: Recent trends in the real estate market and its analysis - 2015 edition, chapter 6, pages v1, 143-1, Narodowy Bank Polski.
    2. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2016. "Economic Resilience: What Role for Policies?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(02), pages 1-44, June.
    3. Mr. Tigran Poghosyan, 2016. "Can Property Taxes Reduce House Price Volatility? Evidence from U.S. Regions," IMF Working Papers 2016/216, International Monetary Fund.
    4. Margarta Rubio, 2014. "Rented vs. Owner-Occupied Housing and Monetary Policy," Discussion Papers 2014/09, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    5. Dirk Drechsel, 2015. "Housing Cycles in Switzerland - A Time-Varying Approach," KOF Working papers 15-381, KOF Swiss Economic Institute, ETH Zurich.
    6. Andrea Kunnert & Josef Baumgartner, 2012. "Instrumente und Wirkungen der österreichischen Wohnungspolitik," WIFO Studies, WIFO, number 45878, February.
    7. Hanna Augustyniak & Jacek Łaszek & Krzysztof Olszewski & Joanna Waszczuk, 2013. "To Rent or to Buy – Analysis of Housing Tenure Choice Determined by Housing Policy," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 33.
    8. Dirk Drechsel & Anne Kathrin Funk, 2017. "Time-Varying and Regional Dynamics in Swiss Housing Markets," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 153(I), pages 37-72, March.
    9. Lenarčič, Črt & Zorko, Robert & Herman, Uroš & Savšek, Simon, 2016. "A Primer on Slovene House Prices Forecast," MPRA Paper 103552, University Library of Munich, Germany.
    10. European Commission, 2011. "Tax Reforms in EU Member States 2011: tax policy challenges for economic growth and fiscal sustainability," Taxation Papers 28, Directorate General Taxation and Customs Union, European Commission.
    11. Agustin Redonda, 2016. "Tax Expenditures and Sustainability. An Overview," Discussion Notes 1603, Council on Economic Policies.
    12. European Commission, 2012. "Tax reforms in EU Member States - Tax policy challenges for economic growth and fiscal sustainability – 2012 Report," Taxation Papers 34, Directorate General Taxation and Customs Union, European Commission.
    13. Michelle Norris & Michael Byrne, 2017. "Housing Market Volatility,Stability and Social Rented Housing: comparing Austria and Ireland during the global financial crisis," Working Papers 201705, Geary Institute, University College Dublin.
    14. Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.
    15. Haug, Peter (Ed.) & Rosenfeld, Martin T. W. (Ed.) & Weiß, Dominik (Ed.), 2012. "Zur Zukunft der kommunalen Wohnungspolitik in Deutschland und Europa. Tagungsband: Referate und Diskussionen im Rahmen des 3. Halleschen Kolloquiums zur Kommunalen Wirtschaft am 5. und 6. November 200," IWH-Sonderhefte 3/2012, Halle Institute for Economic Research (IWH).
    16. Hertrich Markus, 2019. "A Novel Housing Price Misalignment Indicator for Germany," German Economic Review, De Gruyter, vol. 20(4), pages 759-794, December.
    17. European Commission, 2013. "Tax reforms in EU Member States - Tax policy challenges for economic growth and fiscal sustainability – 2013 Report," Taxation Papers 38, Directorate General Taxation and Customs Union, European Commission.
    18. Brian Micallef, 2016. "Property price misalignment with fundamentals in Malta," CBM Working Papers WP/03/2016, Central Bank of Malta.
    19. Erik Canton & Philipp Mohl & Adriana Reut & Melanie Ward-Warmedinger, 2016. "How to make the Economic and Monetary Union more resilient?," Quarterly Report on the Euro Area (QREA), Directorate General Economic and Financial Affairs (DG ECFIN), European Commission, vol. 15(3), pages 7-18, December.
    20. Ludger Schuknecht, 2019. "Fiscal-Financial Vulnerabilities," CESifo Working Paper Series 7776, CESifo.

    More about this item

    Keywords

    housing market; real estate cycles; housing finance; house prices; commercial real estate;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbp:nbpcha:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jakub Growiec (email available below). General contact details of provider: https://edirc.repec.org/data/nbpgvpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.