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The Impact of Population Ageing on House Prices: A Micro-simulation Approach

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  • Yu Chen
  • Kenneth Gibb
  • Chris Leishman
  • Robert Wright

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  • Yu Chen & Kenneth Gibb & Chris Leishman & Robert Wright, 2012. "The Impact of Population Ageing on House Prices: A Micro-simulation Approach," Scottish Journal of Political Economy, Scottish Economic Society, vol. 59(5), pages 523-542, November.
    • Handle: RePEc:bla:scotjp:v:59:y:2012:i:5:p:523-542
    DOI: 10.1111/j.1467-9485.2012.00593.x
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    References listed on IDEAS

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    1. Mankiw, N. Gregory & Weil, David N., 1991. "The baby boom, the baby bust, and the housing market A reply to our critics," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 573-579, December.
    2. Holly, Sean & Jones, Natasha, 1997. "House prices since the 1940s: Cointegration, demography and asymmetries," Economic Modelling, Elsevier, vol. 14(4), pages 549-565, October.
    3. Mankiw, N. Gregory & Weil, David N., 1989. "The baby boom, the baby bust, and the housing market," Regional Science and Urban Economics, Elsevier, vol. 19(2), pages 235-258, May.
    4. Engelhardt, Gary V. & Poterba, James M., 1991. "House prices and demographic change: Canadian evidence," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 539-546, December.
    5. Ohtake, Fumio & Shintani, Mototsugu, 1996. "The effect of demographics on the Japanese housing market," Regional Science and Urban Economics, Elsevier, vol. 26(2), pages 189-201, April.
    6. DiPasquale Denise & Wheaton William C., 1994. "Housing Market Dynamics and the Future of Housing Prices," Journal of Urban Economics, Elsevier, vol. 35(1), pages 1-27, January.
    7. Hamilton, Bruce W., 1991. "The baby boom, the baby bust, and the housing market A second look," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 547-552, December.
    8. Hendershott, Patric H., 1991. "Are real house prices likely to decline by 47 percent?," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 553-563, December.
    9. Pitkin, John R. & Myers, Dowell, 1994. "The Specification of Demographic Effects on Housing Demand: Avoiding the Age-Cohort Fallacy," Journal of Housing Economics, Elsevier, vol. 3(3), pages 240-250, September.
    10. Green, Richard & Hendershott, Patric H., 1996. "Age, housing demand, and real house prices," Regional Science and Urban Economics, Elsevier, vol. 26(5), pages 465-480, August.
    11. Geoffrey Meen, 1998. "Modelling Sustainable Home-ownership: Demographics or Economics?," Urban Studies, Urban Studies Journal Limited, vol. 35(11), pages 1919-1934, November.
    12. Mark Andrew & Geoffrey Meen, 2003. "Housing Transactions and the Changing Decisions of Young Households in Britain: The Microeconomic Evidence," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 31(1), pages 117-138, March.
    13. Swan, Craig, 1995. "Demography and the demand for housing A reinterpretation of the Mankiw-Weil demand variable," Regional Science and Urban Economics, Elsevier, vol. 25(1), pages 41-58, February.
    14. Ermisch, John, 1996. "The Demand for Housing in Britain and Population Ageing: Microeconometric Evidence," Economica, London School of Economics and Political Science, vol. 63(251), pages 383-404, August.
    15. Woodward, Susan E., 1991. "Economists' prejudices: Why the Mankiw-Weil story is not credible," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 531-537, December.
    16. Holland, A. Steven, 1991. "The baby boom and the housing market: Another look at the evidence," Regional Science and Urban Economics, Elsevier, vol. 21(4), pages 565-571, December.
    17. Di Salvo, Pamela & Ermisch, John, 1997. "Analysis of the Dynamics of Housing Tenure Choice in Britain," Journal of Urban Economics, Elsevier, vol. 42(1), pages 1-17, July.
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    Cited by:

    1. Shihong Zeng & Xinwei Zhang & Xiaowei Wang & Guowang Zeng, 2019. "Population Aging, Household Savings and Asset Prices: A Study Based on Urban Commercial Housing Prices," Sustainability, MDPI, vol. 11(11), pages 1-21, June.
    2. Creina Day, 2018. "Population and house prices in the United Kingdom," Scottish Journal of Political Economy, Scottish Economic Society, vol. 65(2), pages 127-141, May.
    3. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of an ageing population on economic growth: an exploratory review of the main mechanisms," FEP Working Papers 504, Universidade do Porto, Faculdade de Economia do Porto.
    4. Heo, Ye Jin, 2022. "Population aging and house prices: Who are we calling old?," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    5. Nicholas Apergis, 2020. "Natural Disasters and Housing Prices: Fresh Evidence from a Global Country Sample," International Real Estate Review, Global Social Science Institute, vol. 23(2), pages 189-210.
    6. Nicholas Apergis, 2020. "Natural Disasters and Housing Prices: Fresh Evidence from a Global Country Sample," International Real Estate Review, Global Social Science Institute, vol. 23(2), pages 815-836.
    7. Yihua Wang & Tomoko Kinugasa, 2022. "The relationship between demographic change and house price: Chinese evidence," International Journal of Economic Policy Studies, Springer, vol. 16(1), pages 43-65, February.

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