Showing 1 - 10 of 12,570
-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …-of-sample forecasting of the growth rates of flats' prices and rents for the next six months is done. It shows that in most cities both …
Persistent link: https://www.econbiz.de/10010896203
Over the past few years, prices and rents for flats went up in most German cities. This trend is expected to continue in 2013. Berlin, Hamburg, Munich, and Frankfurt am Main will still see the highest increases in property prices and rents. In these cities, housing prices are rising much faster...
Persistent link: https://www.econbiz.de/10010783924
The prices and rents for flats in the most large German cities have been markedly grown in the last few years. This tendency will continue through 2013, too. Berlin, Hamburg, Munich, and Frankfurt am Main are leading in terms of growth of the home prices and rents. In these cities, the prices...
Persistent link: https://www.econbiz.de/10011128454
Since 2010, housing prices in Germany have been growing on average by 6 percent a year. During the same period, the rents have been increasing by 4 percent, which is significantly slower than the housing prices, but substantially faster than the consumer prices. This is one of the results of the...
Persistent link: https://www.econbiz.de/10011128549
In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 … tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears …
Persistent link: https://www.econbiz.de/10011128875
longer forecasting horizons (the forecast accuracy gain as measured by the root mean squared forecast error is about 8% at …
Persistent link: https://www.econbiz.de/10010990711
The objectives of this paper are to study the impact of liberalisation on trade deficits and current accounts of developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a more efficient use of resources, by encouraging...
Persistent link: https://www.econbiz.de/10010957419
A spatial error model is classified as a geostatistical model or a weight matrix model on the basis of the method of specification of spatial autocorrelation in the disturbance. Specification errors cannot be assumed to be absent, and the robustness of alternative specifications is useful for...
Persistent link: https://www.econbiz.de/10010608299
favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such …
Persistent link: https://www.econbiz.de/10011255516
favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such …
Persistent link: https://www.econbiz.de/10005144396