摘要：This paper is an empirical analysis with the purpose of explaining the house prices inIndia as a function of exchange rates volatility and trade balance. The analysis is based upon anIndian house price index published by the Bank of International Settlements. The sample rangeof quarterly data stretches from 2009 thru 2017. Using a polynomial regression procedure, thefindings suggest that housing prices in India can be interpreted as a function of the real effectiveexchange rate, the volatility of this exchange rate and the ratio of exports to imports.
关键词：Currency risk; housing prices; and polynomial regression
