Showing 1 - 10 of 1,369
Persistent link: https://www.econbiz.de/10011944985
Persistent link: https://www.econbiz.de/10005753148
This paper presents a switching regression model of investment decision where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the use of a priori criteria to exogenously identify the financially constrained firms, and thereby...
Persistent link: https://www.econbiz.de/10005050759
Purpose – The purpose of this paper is to examine the degree of housing affordability in China's 35 large and medium cities. Furthermore, this paper investigates the relationship between housing affordability and the house prices using data from China's 35 large and medium cities from 1996 to...
Persistent link: https://www.econbiz.de/10014777764
Purpose The COVID-19 pandemic has significantly raised economic risk and uncertainty worldwide. How does COVID-19 affect urban housing markets? Is there any difference when different areas encounter COVID-19? This study aims to investigate the impacts of the pandemic on housing prices by using...
Persistent link: https://www.econbiz.de/10014778194
This article hypothesises that, due to factors such as thin trading and lack of publicly available data on transactions in the land market, urban land prices react more sluggishly to shocks in market fundamentals than housing prices do. Based on a vector error-correction model utilising...
Persistent link: https://www.econbiz.de/10011135359
This paper analyzes the determinants of housing prices in Hong Kong by using property transaction data of condominium units from Taikoo Shing, one of the largest real estate properties in Hong Kong. We use a hedonic pricing model for the empirical analysis and estimate the model by using the...
Persistent link: https://www.econbiz.de/10011155132
Housing price has increased dramatically in China during the past decade. The appreciation of house value could relax credit constraint and thus encourage entrepreneurship. However, a house serves as both an important investment channel and a prerequisite for marriage in China. The continuous...
Persistent link: https://www.econbiz.de/10010778534
Examining differences across school district boundaries rather than school attendance zone boundaries has several advantages. These advantages include being applicable when attendance zones are not available or less relevant to educational outcomes as arises with within district school choice...
Persistent link: https://www.econbiz.de/10010582640
Purpose – This paper aims to pose an important starting point for the application of the search-and-matching models to …, the search-and-matching framework has become the benchmark theoretical model of the housing market. Starting from the … determined. Unlike most of the search-and-matching models in the housing literature, the out-of-the steady-state dynamics are …
Persistent link: https://www.econbiz.de/10014862862