Showing 1 - 10 of 127
We identify the origin of the contradicting perspectives on credit creation offered by Austrian, Mainstream and Post Keynesian economists as the neglect of the primacy of such assets as goods, properties and securities, which always pre-exist any transaction and loan. We develop a unified...
Persistent link: https://www.econbiz.de/10010337985
We present a hybrid model for diagnosis and critical time forecasting of real estate bubbles. The model combines two …, 35, and 90 national-level macroeconomic time series and a dynamic forecasting methodology. Empirical results suggests …
Persistent link: https://www.econbiz.de/10010411858
We introduce a novel quantitative methodology to detect real estate bubbles and forecast their critical end time, which we apply to the housing markets of China's major cities. Building on the Log-Periodic Power Law Singular (LPPLS) model of self-reinforcing feedback loops, we use the quantile...
Persistent link: https://www.econbiz.de/10011761282
Persistent link: https://www.econbiz.de/10011439598
Persistent link: https://www.econbiz.de/10010416350
Persistent link: https://www.econbiz.de/10010417694
Persistent link: https://www.econbiz.de/10010503053
Persistent link: https://www.econbiz.de/10009673710
leads to superior multivariate density and Value-at-Risk forecasting, and better portfolio performance. The proposed risk …
Persistent link: https://www.econbiz.de/10011410659
Persistent link: https://www.econbiz.de/10011647847