![]() ![]() Variance decompositions show that SIBOR has considerable explanatory power over the variations of house price index in the long run and SIBOR is the better monetary policy intermediate target variable. Therefore, the results show that SIBOR is an effective monetary policy instrument for the central bank in Saudi Arabia to use to affect housing prices. Specifically, the results show that SIBOR does Granger cause the housing price whereas, M2 does not Granger cause the housing price. The results show that SIBOR has a stronger impact than M2 on housing prices in Saudi Arabia. ![]() The paper examines the impact of monetary policy on the house price index in Saudi Arabia with a VAR model and investigates the Granger causality, impulse response functions, and variance decompositions. The primary purpose of this paper is to determine how the house price index (HPI) in Saudi Arabia is changing under the influence of monetary policy instruments such as money supply (M2) and Saudi Arabia's Short-Term Interest Rate (SIBOR). ![]() Meanwhile from the Forecast Error Variance Decomposition shows that the Money Supply, Exchange Rate, and Inflation has a big contribution on the shocks that occur in residential property price index in Jabodebek-Banten in various categories. The responses generated from the Impulse Response Function is different in each category. The results of this study show interest rates and economic growth does not significantly affect residential property price index on Jabodebek-Banten. Macroeconomic variables used in this study such as economic growth, inflation, interest rates, money supply, and exchange rates. With Vector Error Corection Model (VECM) method, this study aims to see what macroeconomic variables influence the Residential property prices index as well as the magnitude of their contribution and how residential property price index respond to macroeconomic shocks. ![]() Behind its rapid development, the property business is extremely vulnerable to economic shock. This has a positive impact on the national economy because it can increase the rate of economic growth through the level of investment. Nach einer erfolgreichen Nacht sind wir gespannt auf die nächste Ausgabe.Increased demand has driven the property business to grow and expand more rapidly. Nur krasser.» Mit diesem Credo schloss Roland Brack, Gründer von BRACK.CH AG und Investor «Die Höhle der Löwen», einen unvergesslichen Abend ab und inspirierte das Publikum mit seiner Firmengeschichte und wie sich seine Firma zur umsatzstärksten E-Commerce-Plattform der Schweiz entwickelte.□□ «Choose the people around you well.» Aike Festini, mehrfach preisgekrönte Unternehmerin im Techbereich und Gründerin von LuckaBox Logistics AG, zeigte uns die Learnings ihrer erfolgreichen aber gescheiterten #Geschäftsidee.□ Namhafte #Keynotes mit faszinierenden Geschichten und eine Vielzahl von spannenden und lehrreichen Breakout-Sessions bereicherten den Event. Diese wird von der Handelskammer beider Basel und der JCI Basel organisiert, um jungen Unternehmer:innen eine Plattform für Wissenstransfer und Networking zu bieten.□ Die Nacht gehört uns.» □Īm Freitag repräsentierten unsere Gründerinnen Emma Kistemaker und Lorena Madarena unser Startup Manusia an der diesjährigen Nacht der jungen Leaders in der Premium Lounge des St. ![]()
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