Chang, Kuang-Liang; Yen, Ming-Hui - In: Economics Bulletin 34 (2014) 2, pp. 828-841
This paper investigates the possible responses of housing returns to macroeconomic and global variables for four special municipalities in Taiwan (Taipei, New Taipei, Taichung and Kaohsiung) over the period 1991Q1 to 2010Q4. Two interesting results have been observed. First, the housing market...