The Riksbank’s purpose with the policy rate is to create price stability in the economy and achieve the inflation target. The Swedish real estate market is interest rate sensitive, thereby affected by the economy in Sweden. This thesis investigates the policy rates impact on the volatility of the Swedish real estate market, during the years 2002-2024, using an event study approach with panel regressions. Further, if an increase or decrease of the policy rate have a greater impact of the volatility. By using a quantitative method this thesis uses historical data representing each firm as well as some other independent variables, as OMX Stockholm Real Estate GI. The study provided evidence that the policy rate has an impact on the volatility of the Swedish real estate market, as the majority of the events demonstrated a relationship between the policy rate and the volatility. However, the thesis could not conclude if an increase or decrease of the policy rates has had a greater impact.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:lnu-130243 |
| Date | January 2024 |
| Creators | Månsson, Eliina, Lienau, Cajsa |
| Publisher | Linnéuniversitetet, Institutionen för management (MAN) |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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