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Assessing the influence of macroeconomic variables on property prices in Sweden
KTH, School of Engineering Sciences (SCI), Mathematics (Dept.), Mathematical Statistics.
KTH, School of Engineering Sciences (SCI), Mathematics (Dept.), Mathematical Statistics.
2022 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
Utvärdering av inverkan av makroekonomiska variabler på fastighetspriser i Sverige (Swedish)
Abstract [en]

This paper examines the impact of several macroeconomic variables on property prices in Sweden. Linear regression is used to construct severalmathematical models relating the macroeconomic variables to property prices. Using methods of variables selection and goodness of fit measures,two final models are selected and subsequently compared, resulting in one final model. From this model, we conclude that GDP per capita, unemployment rate, inflation and repo interest rate have a significant relationship with property price changes in Sweden. Unemployment, GDPper capita, and inflation have positive relationships with property price changes, while repo interest rate has a negative relationship with propertyprice changes. However, as to what extent these variables affect property prices, no certain conclusions can be drawn from this study.

Abstract [sv]

Följande studie undersöker inverkan av sex makroekonomiska variabler på bostadspriser i Sverige. Linjär regressionsanalys används för att skapaflera matematiska modeller som relaterar makroekonomiska variabler till bostadspriser. Vidare används variabelselektion och statistikor för modellevaluering för att välja ut två slutgiltiga modeller. Dessa två modeller jämförs och en slutgiltig modell väljs ut. Studiens slutsatser dras fråndenna modell. BNP per capita, arbetslöshetsgrad, inflationstakt, och reporänta har enligt den slutgiltiga modellen signifikanta förhållandentill bostadspriser i Sverige. Vidare har arbetslöshet, BNP per capita, och inflation positiva förhållanden till bostadsprisförändringar, medan reporänta har ett negativt förhållande. Studien kan inte dra några slutsatser om till vilken grad dessa variabler påverkar bostadspriser i Sverige.

Place, publisher, year, edition, pages
2022.
Series
TRITA-SCI-GRU ; 2022:293
Keywords [en]
regression analysis, applied mathematics, macroeconomics, mathematical statistics, Multiple linear regression
Keywords [sv]
regressionsanalys, tillämpad matematik, makroekonomi, matematisk statistik, multipel linjär regression
National Category
Probability Theory and Statistics
Identifiers
URN: urn:nbn:se:kth:diva-326505OAI: oai:DiVA.org:kth-326505DiVA, id: diva2:1756981
Subject / course
Applied Mathematics and Industrial Economics
Educational program
Master of Science in Engineering - Industrial Engineering and Management
Supervisors
Examiners
Available from: 2023-05-15 Created: 2023-05-15 Last updated: 2023-05-15Bibliographically approved

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CiteExportLink to record
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