García Rendón, John Jairo; Cossio Sepúlveda, Daniel Mateo - In: Revista de Métodos Cuantitativos para la Economía y … 26 (2018), pp. 104-127
We analyze the credit channel effects on new residential property prices in Medellín, Colombia, using a simultaneous equations model. Our empirical results show that the main determinants of new residential properties prices are mortgage interest rates and the availability of government...