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Real Estate Prices in the Republic of Macedonia

Author

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  • Davidovska Stojanova, Biljana
  • Jovanovic, Branimir
  • Kadievska Vojnovic, Maja
  • Ramadani, Gani
  • Petrovska, Magdalena

Abstract

In this paper we construct a hedonic house price index for Macedonia, for the period 2000-2008. Then we investigate whether house prices in Macedonia are in line with the fundamentals, finding a positive answer.

Suggested Citation

  • Davidovska Stojanova, Biljana & Jovanovic, Branimir & Kadievska Vojnovic, Maja & Ramadani, Gani & Petrovska, Magdalena, 2008. "Real Estate Prices in the Republic of Macedonia," MPRA Paper 43166, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:43166
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    References listed on IDEAS

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    Cited by:

    1. Milan Eliskovski, 2018. "Investigating credit transmission mechanism in the Republic of Macedonia: evidence from Vector Error Correction Model," Working Papers 2018-02, National Bank of the Republic of North Macedonia.

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    More about this item

    Keywords

    hedonic index; house prices; Macedonia;
    All these keywords.

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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