THE IMPACTS OF PRESENT ECONOMIC CRISIS ON EFFICIENCY OF CZECH REAL ESTATE MARKET

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

THE IMPACTS OF PRESENT ECONOMIC CRISIS ON EFFICIENCY OF CZECH REAL ESTATE MARKET

Popis výsledku v původním jazyce

Real estate is one of the essential goods, consuming large share of household expenditure and assets, and a significant part of economic activity. By affecting households' net wealth and their capacity to borrow and spend, as well as profitability and employment in the construction, real estate services and financial service industries,as well as development in house prices can have major macroeconomic implication.This paper will deal with conception of market efficiency in the first part. The efficiency is described by three conditions. The Czech Republic and its real estate market have undergone transformation from planned to market economy, and there have been also several transition-specific factors that influence their dynamics.Some of these factors have increased efficiency of the real estate market. There was a real estate bubble in the Czech Republic two years later.This paper aims to analyse impacts of present economic crisis on decreasing of efficiency of Czech real estate ma

Název v anglickém jazyce

THE IMPACTS OF PRESENT ECONOMIC CRISIS ON EFFICIENCY OF CZECH REAL ESTATE MARKET

Popis výsledku anglicky

Real estate is one of the essential goods, consuming large share of household expenditure and assets, and a significant part of economic activity. By affecting households' net wealth and their capacity to borrow and spend, as well as profitability and employment in the construction, real estate services and financial service industries,as well as development in house prices can have major macroeconomic implication.This paper will deal with conception of market efficiency in the first part. The efficiency is described by three conditions. The Czech Republic and its real estate market have undergone transformation from planned to market economy, and there have been also several transition-specific factors that influence their dynamics.Some of these factors have increased efficiency of the real estate market. There was a real estate bubble in the Czech Republic two years later.This paper aims to analyse impacts of present economic crisis on decreasing of efficiency of Czech real estate ma

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2010

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

International Conference on Applied Financial Economics - Conference Proceedings

ISBN

978-960-466-061-2

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

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Název nakladatele

National and Kapodistrian University of Athens

Místo vydání

Samos

Místo konání akce

Samos

Datum konání akce

1. 7. 2010

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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