EUROZONE – A SENSIBLE ABSORPTION OF RISK CAPITAL?
EUROZONE – A SENSIBLE ABSORPTION OF RISK CAPITAL?
Author(s): Cicero LimbereaSubject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Summary/Abstract: This paper aims to prove that in countries with no inter-zonal real estate divergence caused by lack of uniform economic development, labor migration trends or other causes, the real estate price movements tend to be correlated with currency movements, thus a certain vulnerability to hot money exists however it may be manageable.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2008
- Issue No: 1
- Page Range: 43-61
- Page Count: 19
- Language: English