A Valuation of the Swedish Real Estate Market. An Autoregressive Distributed Lagged Model Approach.

dc.contributor.author	Winberg, Alexander
dc.contributor.department	University of Gothenburg/Graduate School	eng
dc.contributor.department	Göteborgs universitet/Graduate School	swe
dc.date.accessioned	2017-07-28T12:54:55Z
dc.date.available	2017-07-28T12:54:55Z
dc.date.issued	2017-07-28
dc.description	MSc in Economics	sv
dc.description.abstract	I study the valuation of the Swedish real estate market by using an error correction model (ECM). I estimate an ECM by using an autoregressive distributed lag model (ARDL). By choosing an ARDL model, this paper overcomes previous critic; that all variables are assumed to be integrated of the same order. This model displays similar results as previous research, even though it estimates variables of different orders. Further, I find that the coefficients in the model are unstable, indicating that the effect from the fundamental factors to real estate prices changes over time. At last, I do find a small overvaluation at 0.96 percent in the Swedish real estate market.	sv
dc.identifier.uri	http://hdl.handle.net/2077/53175
dc.language.iso	eng	sv
dc.relation.ispartofseries	Master Degree Project	sv
dc.relation.ispartofseries	2017:111	sv
dc.setspec.uppsok	SocialBehaviourLaw
dc.title	A Valuation of the Swedish Real Estate Market. An Autoregressive Distributed Lagged Model Approach.	sv
dc.type	Text
dc.type.degree	Master 2-years
dc.type.uppsok	H2

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