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Precios de viviendas en Lima

Author

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  • Orrego, Fabrizio

    (Banco Central de Reserva del Perú
    Universidad de Piura)

Abstract

En este trabajo estimamos la relación de equilibrio entre el precio por m2 de las viviendas en Lima y sus fundamentos macroeconómicos desde 1998.I hasta 2013.IV. Los términos de intercambio, la cuenta corriente, el índice de imperio de la ley, la demografía y la capitalización bursátil resultan significativos y con los signos esperados. Luego, con el fin de evaluar si el precio de las viviendas se encuentra desalineado con respecto a sus fundamentos, construimos 10,000 secuencias de precios de equilibrio de las viviendas, a partir del remuestreo de la relación de equilibrio estimada. La evidencia muestra que el precio por m2 de las viviendas no se encontraría desalineado con respecto a sus fundamentos, a pesar del incremento observado durante los últimos años.

Suggested Citation

  • Orrego, Fabrizio, 2014. "Precios de viviendas en Lima," Working Papers 2014-008, Banco Central de Reserva del Perú.
    • Handle: RePEc:rbp:wpaper:2014-008
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    Cited by:

    1. Diego Vílchez, 2015. "Assessing the House Price Dynamics in Lima," IHEID Working Papers 09-2015, Economics Section, The Graduate Institute of International Studies.
    2. Vílchez, Diego, 2015. "Evaluando las Dinámicas de Precios en el Sector Inmobiliario: Evidencia para Perú," Working Papers 2015-013, Banco Central de Reserva del Perú.

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    More about this item

    Keywords

    Precios de viviendas; hipotecas; desalineamiento;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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