| Título: | The interaction between property returns and the macroeconomy: Evidence from South Africa |
| Autores: |
Sibanda, Mabutho; Lecturer- School of Accounting, Economics and Finance
University of KwaZulu-Natal, Durban, South Africa Mhlanga, Dr. Richard; Director - Graduate School of Business National University of Science & Technology Bulawayo, Zimbabwe |
| Fecha: | 2013-07-03 |
| Publicador: | International Journal of Business and Social Research |
| Fuente: |
 |
| Tipo: |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
| Tema: |
property returns; macroeconomic; vector autoregressive; granger causality; impulse responses |
| Descripción: | A study on the interactions between property returns and the macro-economy in the UK provides contrasting results with those based on the American economy which forms the basis for this research (Brooks and Tsolacos 1999). This study therefore employs a vector autoregressive models to establish the interactions between macroeconomic and financial variables on the South African economy, a proxy for developing and transitional economies. Property assets have generally been viewed as value-growth assets due to their inflation tracking nature. Values of property-based assets may be measured through direct measures and/or equity-based measures. The two different methods of measuring the value of property-based assets available are shrouded with drawbacks although equity-based measures are theoretically preferred. This study uses direct measures to determine the impulse response functions and variance decompositions on the rate of short-term nominal rates, long-term and short-term interest differentials, inflation rate and household debt/ disposable income in South Africa. |
| Idioma: | Inglés |
1 The Nexus between environmental knowledge and ecotourism attitude among the local youths in Co-educational Secondary Schools in Bondo Sub-County, Siaya County, Kenya por WANGA, Joshua Otieno,HAYOMBE, Patrick Odhiambo,ODUNGA, Pius Ongoro,Z.A. ODEDE, Fredrick | 6 Doris Lessing’s Cultural Trauma and Traumatic Writing por Chunming, Zhang; Foreign Language Institute
Changchun University
Jilin Province, China |
2 The Impact of ePortfolios on Students’ Learning por D’Angelo, Dana; Clinical Professor,
LeBow College of Business,
Drexel University,
3141 Chestnut Street
Philadelphia, PA 19104 USA,Finnin, Chris; Associate Clinical Professor,
LeBow College of Business,
Drexel University,
3141 Chestnut Street
Philadelphia, PA 19104 USA,Wright, Jennifer; Associate Clinical Professor,
LeBow College of Business,
Drexel University,
3141 Chestnut Street
Philadelphia, PA 19104 USA | 7 QR Code: An Interactive Mobile Advertising Tool por Bayrak Meydanoglu, Ela Sibel; Turkish-German University |
3 Impact of Non Accounting Information on The Value Relevance of Accounting Information: The Case of Jordan por SHAMKI, DHIAA; College of Business, University Utara Malaysia
06010 UUM Sintok, Kedah Darul Aman, Malaysia | 8 Judging Managerial Actions as Ethical or Unethical: Decision Bias and Domain Relevant Experience por J. Bailey, Ph.D., Jeffrey; Professor of Management and HR
College of Business and Economics
University of Idaho, Moscow |
4 Influence of vendor inventory management on organizational performance in retail outlets in Kenya: A case of Uchumi supermarkets por NGUGI, JOHN KARANJA; LECTURER SCHOOL OF HUMAN RESOURCE DEVELOPMENT
Jomo Kenyatta University of Science and Technology,Aiyabei, Jonah KIPKOGEI; PHD STUDENT IN DEPARTMENT OF COMMERCE ECONOMIC STUDIES
Jomo Kenyatta University of Science and Technology,MAROKO, PHILLIP Manyura; PHD STUDENT
Jomo Kenyatta University of Science and Technology,NGUGI, DR. PATRICK KARANJA; Lecturer SCHOOL OF HUMAN RESOURCE DEVELOPMENT
Jomo Kenyatta University of Science and Technology | 9 The need for professional skills in the context of regional development in Romania por Ph.D candidate, Assist. Prof. Cristina ILIE; Faculty of Social Sciences
University of Craiova, Romania,Mihaela NITĂ Ph.D, Lecturer Andreea; Faculty of Social Sciences
University of Craiova, Romania |
5 A Study of Logistics Development In The Malaysia Eastern Region: A Descriptive Analysis por Zuraimi, Abdul Aziz; Faculty of Entrepreneurship and Business,
Universiti Malaysia Kelantan,
Malaysia,Rafi, Yaacob Mohd; Faculty of Entrepreneurship and Business,
Universiti Malaysia Kelantan,
Malaysia,Dahlan, Ibrahim Mohammed; Faculty of Entrepreneurship and Business,
Universiti Malaysia Kelantan,
Malaysia,Fadiah, Mohd Zawawi Nur; Faculty of Entrepreneurship and Business,
Universiti Malaysia Kelantan,
Malaysia | 10 Important Aspects of Concentrations In Republic of Macedonia por Jashari, Assoc. Prof. Dr. Adnan; Faculty of Law SEEU, Tetovo, Republic of Macedonia,,Memeti, Mr.sc. Nora; Faculty of Law, FON University, Skopje, Republic of Macedonia, |