Error correction dynamics of house prices: An equilibrium benchmark
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DOI: 10.1016/j.jhe.2014.05.001
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- Leung, Charles Ka Yui, 2014. "Error Correction Dynamics of House Prices: an Equilibrium Benchmark," MPRA Paper 55654, University Library of Munich, Germany.
- Charles Ka Yui Leung, 2014. "Error correction dynamics of house prices: an equilibrium benchmark," Globalization Institute Working Papers 177, Federal Reserve Bank of Dallas.
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More about this item
Keywords
Fundamental house price; Error-correction model; Cointegration; House price-to-income ratio; Endogenous house price and income;All these keywords.
JEL classification:
- E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
Statistics
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