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XHONNEUX_65181000_2018.pdf
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- Abstract
- Through a time series analysis on a Error Correction Model (ECM), the empirical analysis of this master thesis offers a first overview of the impact of commodity price booms on the housing market of Colombia. The results indicate a positive relationship during the period of 2000 to 2014 between the housing market and commodity prices in the manner predicted by the theoretical framework introduced in the first part of the thesis. The latter is based on the TNT model and the Real Estate Pricing model.