Çamalan, Özge

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https://hdl.handle.net/20.500.14411/7178
Name Variants
Ç., Özge
Camalan, Ozge
C., Ozge
Ö.,Çamalan
Özge, Çamalan
C.,Ozge
Ozge, Camalan
Camalan,O.
Çamalan, Özge
O.,Camalan
Ç.,Özge
Çamalan,Ö.
O., Camalan
Ö., Çamalan
Job Title
Araştırma Görevlisi
Email Address
ozge.camalan@atilim.edu.tr
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Economics
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Sustainable Development Goals

5

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14

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10

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1

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3

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16

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11

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DECENT WORK AND ECONOMIC GROWTH
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6

Articles

5

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21/0

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1

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WoS Citation Count

6

Scopus Citation Count

8

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Scopus Citations per Publication

1.33

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5

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Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online)1
Computational Economics1
İşletme Araştırmaları Dergisi1
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World Journal of Applied Economics1
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    Article
    Citation - WoS: 3
    Citation - Scopus: 5
    The Impact of Increases in Housing Prices on Income Inequality: a Perspective on Sustainable Urban Development
    (Mdpi, 2025) Unalan, Gokhan; Camalan, Ozge; Yilmaz, Hakki Hakan
    This study examines the impact of housing price increases on income inequality using the dynamic system GMM for OECD countries (2010-2021). We test the hypothesis that housing price appreciation affects income distribution differently based on economic development levels and homeownership patterns. The analysis is conducted both for the entire sample and by dividing countries into two groups based on per capita income, Group 1 (16 countries) with below-median per capita GDP and Group 2 (17 countries) with above-median per capita GDP, to account to account for structural differences in housing markets, financial systems, and wealth accumulation mechanisms. The findings show that rising housing prices help reduce income inequality, especially in countries that are relatively low-income and where more low-income households own their homes. Specifically, our estimates indicate that a one-point increase in the housing price index leads to a statistically significant (p < 0.05) 0.21 percentage point reduction in the Gini change rate in lower-income countries. However, in higher-income countries, the effect of housing prices on inequality is statistically insignificant, suggesting that the relationship between housing markets and income inequality varies across different economic contexts. This insignificance likely stems from countervailing forces: while housing appreciation increases wealth for homeowners, higher housing costs may disproportionately burden lower-income households through rental markets in these economies. The findings highlight the importance of country-specific housing programs that consider homeownership patterns and financial market access in tackling inequality, along with comprehensive public social policies. Our study has implications for policymakers seeking to address inequality through housing market interventions, particularly during the post-2008 recovery period and into the early pandemic phase.