[TR] Diger ekonomik degiskenlerle cok guclu bir etkilesim icinde bulunan konut fiyatlari takip edilmesi gereken onemli ekonomik degiskenlerden birisidir. Konutun teminat olarak kullanilabilmesi, konut kredilerinin kredi piyasasinda onemli bir paya sahip olmasi, konut kredisi uzerine finansal...

This paper tries to identify the monetary policy shocks in Turkey during the explicit inflation targeting period starting from 2006 using a structural VAR approach. We model Turkey as a small open economy where domestic variables are affected by external factors like commodity prices and global...

This paper develops a life-cycle portfolio allocation model to address the effects of housing investment on the portfolio allocation of households. The model employs a comprehensive housing investment structure, Epstein-Zin recursive preferences and a stock market entry cost. Furthermore, rather...

We report an experiment designed to investigate markets with consumer search costs. In markets where buyers are matched with one seller at a time, sellers are predicted to sell at prices equal to buyers' valuations. However, we find sellers post prices that offer a more equal division of the...

[abstract missing - contribution appeared in the programme]

ERES:conference