This paper estimates the effect of real estate on the Bulgarian stock index over the period 2007-2008. Part II presents the theoretical basis for this research. Part III includes a description of the data and empirical model, as well as an explanation of the variables used in the model. Part IV presents the empirical results after running OLS regressions and Granger causality tests. Finally, Part V summarizes the main results.
Recommended CitationPetrova, '10, Teodora (2010) "What is the Effect of the Housing Prices and the REIT Index in Bulgaria on the Bulgarian Stock Exchange Index?," The Park Place Economist: Vol. 18
Available at: http://digitalcommons.iwu.edu/parkplace/vol18/iss1/11