La relación entre los flujos de capital y el precio de la vivienda: El caso colombiano
Palavras-chave:
Flujos de capital , precios de vivienda, modelo VECResumo
El objetivo primordial de este artículo es probar si los flujos de capital conducen sistemáticamente el alza reciente en los precios de la vivienda en Colombia. Apoyado en el soporte teórico del modelo de Zanna (1996), se estiman dos modelos VEC aplicados a variables de carácter macroeconómico. Los resultados que se desprenden del análisis de las funciones impulso respuesta y descomposición de varianza, muestran que existe una evidencia débil para aceptar dicha hipótesis, por lo que se sugiere que las condiciones internas asociadas con la mayor regulación del sector hipotecario y con los fundamentales del precio son claves a la hora de explicar por qué los flujos de capital no juegan un rol tan activo como lo hicieron a finales de la década de los 90’s y los altos valores de las unidades residenciales en el país durante el último tiempo, respectivamente.
Downloads
Publicado
Edição
Seção
Licença
I, ____________________________________________, author of the work and/ or article, adult, residing in the city of _________________, bearing the Identity Card/Passport n.° ______________________, issued in _______________________, in command of his/her/their physical and mental faculties, party hereinafter referred to as AUTHOR, signs the following authorization so the reproduction, publication, communication and distribution of the work can be done, under the following terms:
1. That, regardless of existing legal regulations due to the relationship of the parties to this contract, and any other existing legal presumption, the parties agree that the AUTHOR authorizes the Universidad del Norte, with the purpose of reproduce, publish, communicate and distribute the material called in the Revista de Economía del Caribe.
2. That such authorization apply to the copyright of the work, by any means, known or to be known, the public communication of the work, and the distribution of the work, directly or by third parties, purely educational purposes.
3. The AUTHOR undertakes to inform and declare the existence of this authorization and to preserve the right of the journal Revista de Economía del Caribe to the first publication of the work.
4. The AUTHOR states that the article is original and his/her/their exclusive creation, there being no impediment of any kind for the authorization he/she/they is/are giving, responding thereto by any action: claim, plagiarism or any other type of complaint that might arise about.
5. That such authorization is granted for free.
6. The moral rights of the author on the article correspond exclusively to the AUTHOR, in virtue of which, the Universidad del Norte agrees to expressly and rigorously recognize and respect them.
