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
Portugiesisch

Bibliographic citation
Series: Texto para Discussão ; No. 1631

Classification
Wirtschaft
Money Supply; Credit; Money Multipliers
Monetary Policy
Subject
Geldpolitik
Wirkungsanalyse
Immobilienmarkt
Brasilien

Event
Geistige Schöpfung
(who)
Mendonça, Mario Jorge
Medrano, Luis Alberto
Sachsida, Adolfo
Event
Veröffentlichung
(who)
Instituto de Pesquisa Econômica Aplicada (IPEA)
(where)
Brasília
(when)
2011

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Mendonça, Mario Jorge
  • Medrano, Luis Alberto
  • Sachsida, Adolfo
  • Instituto de Pesquisa Econômica Aplicada (IPEA)

Time of origin

  • 2011

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