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Precios de viviendas en Lima

Author

Listed:
  • Orrego, Fabrizio
Abstract
En este trabajo se estima la relación de equilibrio entre el precio de las viviendas en Lima (por m2) y sus fundamentos macroeconómicos desde 1998.I hasta 2013.IV. Los términos de intercambio, la cuenta corriente, el crédito hipotecario, el índice del imperio de la ley, la demografía y la capitalización bursátil resultan factores explicativos significativos y con los signos esperados. Luego, con el fin de evaluar si el precio de las viviendas se ha encontrado desalineado con respecto a sus fundamentos, construimos 10,000 secuencias de precios de equilibrio de las viviendas, a partir del remuestreo de la relación de equilibrio estimada. La evidencia muestra que el precio de las viviendas no se habría encontrado desalineado con respecto a sus fundamentos, a pesar del incremento observado durante los últimos años.

Suggested Citation

  • Orrego, Fabrizio, 2014. "Precios de viviendas en Lima," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 28, pages 47-59.
    • Handle: RePEc:rbp:esteco:ree-28-03
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    References listed on IDEAS

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    Cited by:

    1. Diego Vílchez, 2015. "Assessing the House Price Dynamics in Lima," IHEID Working Papers 09-2015, Economics Section, The Graduate Institute of International Studies.
    2. Vílchez, Diego, 2015. "Evaluando las Dinámicas de Precios en el Sector Inmobiliario: Evidencia para Perú," Working Papers 2015-013, Banco Central de Reserva del Perú.

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    More about this item

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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