pone.0290552.g002.tif (357.16 kB)
Real house price impulse response.
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posted on 2023-11-29, 18:25 authored by Thami Innocent Lekhuleni, Godfrey NdlovuAbbreviations: RHP: Real House Prices, GDP: Gross Domestic Product, M_RATE: Mortgage rate ER: Exchange rate, AFF: Affordability, HDDI: Household debt and disposable, UN_RATE: Unemployment rate, Source: Auth’rs’ own calculation.
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producer price indexgross domestic productmacroeconomic fundamental variableskey macroeconomic fundamentalsrun causal relationshipmacroeconomic factorsxlink ">unemployment rateterm disequilibriumstudy usesstudy examinessignificant associationshare pricesreverse causalityresults suggestperiod 2000q1housing priceshousehold debthouse pricesgreatest impactexchange ratedynamic effectdisposable income
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