The impact of financial development on homeownership and housing in emerging economies evidence from Turkey

dc.authorid0000-0002-8143-3427
dc.authorid0000-0003-3216-7684
dc.authorid0000-0003-4590-3230
dc.contributor.authorYılmazer, Tanselen_US
dc.contributor.authorAdaman, Fikreten_US
dc.contributor.authorKaytaz, Mehmeten_US
dc.date.accessioned2026-02-20T06:41:02Z
dc.date.available2026-02-20T06:41:02Z
dc.date.issued2012-10-31
dc.departmentIşık Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümüen_US
dc.departmentIşık University, Faculty of Economics and Administrative Sciences, Department of Managementen_US
dc.description.abstractThis paper aims to investigate the role of financial development on homeownership and housing in emerging economies. We construct a measure of regional financial development using data from the Survey of Consumer Finances in Turkey. Specifically, we estimate regional effects on the probability that a household does not have access to credit (i.e., are discouraged from applying for credit or their application was denied), and use these estimates to create an indicator of financial development. We find that homeownership increases with financial development in metropolitan areas. Home values, however, increase with financial development in both metropolitan and non-metropolitan areas. Our findings are robust to correction of potential endogeneity of our financial development measure. Our results are also robust to using the variation in the supply of credit across provinces as another measure of financial development.en_US
dc.identifier.citationYılmazer, T., Adaman, F. & Kaytaz, M. (2012). The impact of financial development on homeownership and housing in emerging economies evidence from Turkey. Review of Middle East Economics and Finance, 8(2), 1-29. doi:https://doi.org/10.1515/1475-3693.1409en_US
dc.identifier.endpage29
dc.identifier.issn1475-3693
dc.identifier.issn1475-3685
dc.identifier.issue2
dc.identifier.startpage1
dc.identifier.urihttps://hdl.handle.net/11729/7034
dc.identifier.urihttps://doi.org/10.1515/1475-3693.1409
dc.identifier.volume8
dc.institutionauthorKaytaz, Mehmeten_US
dc.institutionauthorid0000-0003-4590-3230
dc.language.isoenen_US
dc.peerreviewedYesen_US
dc.publicationstatusPublisheden_US
dc.publisherWalter de Gruyter GmbHen_US
dc.relation.ispartofReview of Middle East Economics and Financeen_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectFinancial developmenten_US
dc.subjectHomeownershipen_US
dc.subjectBorrowingen_US
dc.subjectDiscouraged borrowersen_US
dc.titleThe impact of financial development on homeownership and housing in emerging economies evidence from Turkeyen_US
dc.typeArticleen_US
dspace.entity.typePublicationen_US

Dosyalar

Lisans paketi
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
license.txt
Boyut:
1.17 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama: