Arbeitspapier
Avaliando o efeito de um choque de política monetária sobre o mercado imobiliário
This article investigates the effects of monetary policy shock in the Brazilian real state market using structural VAR through the period June/2000 to August/2010. The identification is done following the agnostic procedure suggested by Uhlig (2005). The mains results are: The stock of credit to finance housing points out a drop of 2% immediately after and the industrial output of civil construction decreases strongly after this contractionary shock.
- Language
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Portugiesisch
- Bibliographic citation
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Series: Texto para Discussão ; No. 1631
- Classification
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Wirtschaft
Money Supply; Credit; Money Multipliers
Monetary Policy
- Subject
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Geldpolitik
Wirkungsanalyse
Immobilienmarkt
Brasilien
- Event
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Geistige Schöpfung
- (who)
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Mendonça, Mario Jorge
Medrano, Luis Alberto
Sachsida, Adolfo
- Event
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Veröffentlichung
- (who)
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Instituto de Pesquisa Econômica Aplicada (IPEA)
- (where)
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Brasília
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Mendonça, Mario Jorge
- Medrano, Luis Alberto
- Sachsida, Adolfo
- Instituto de Pesquisa Econômica Aplicada (IPEA)
Time of origin
- 2011