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The Dynamics and Volatility of Commercial and Residential Property Prices: Theory and Evidence

Kan, Kamhon; Kwong, Sunny Kai-Sun; Leung, Charles Ka-Yui - Institute of Economics, Academia Sinica - 2003

This paper investigates the dynamics of property prices and their interaction with output growth in a general equilibrium model. Closed form solutions and testable hypotheses are derived from a mildly restricted version of the model. The testable hypotheses are broadly supported empirically. In...

Persistent link: https://www.econbiz.de/10008632875

The Dynamics and Volatility of Commercial and Residential Property Prices: Theory and Evidence

Kan, Kamhon; Kwong, Sunny Kai-sun; Leung, Charles Ka-yui - Chinese University of Hong Kong, Department of Economics - 2002

Persistent link: https://www.econbiz.de/10005069812

The Dynamics and Volatility of Commercial and Residential Property Prices: Theory and Evidence

Kan, Kamhon; Kwong, Sunny Kai-Sun; Leung, Charles Ka-Yui - In: Journal of Regional Science 44 (2004) 1, pp. 95-123

This article investigates the dynamics of property prices and their interaction with output growth in a general equilibrium model. Closed form solutions and testable hypotheses are derived from a mildly restricted version of the model. The testable hypotheses are broadly supported empirically....

Persistent link: https://www.econbiz.de/10005193285

Income Tax, Property Tax and Tariff in a Small Open Economy

Leung, Charles Ka-Yui - Chinese University of Hong Kong, Department of Economics - 1998

Persistent link: https://www.econbiz.de/10005086052

Inflation and Capital Gains Taxes in a Small Open Economy

Leung, Charles Ka-Yui; Zhang, Guang-Jia - Chinese University of Hong Kong, Department of Economics - 2000

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Convergence, Endogenous Growth, and Productivity Disturbances

Leung, Charles Ka-Yui; Danny T., Quah - Chinese University of Hong Kong, Department of Economics - 1996

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Redistribution through Education: The case of pure material cost

Hanushek, Eric; Cheah, Ban Chuan; Leung, Charles Ka-Yui - Chinese University of Hong Kong, Department of Economics - 1997

Persistent link: https://www.econbiz.de/10005069825

Intrinsic Cycles of Land Price: A Simple Model

Leung, Charles Ka-Yui; Chen, Nan-Kuang - Chinese University of Hong Kong, Department of Economics - 2005

Persistent link: https://www.econbiz.de/10005069867

Macroeconomics and Housing: A Review of the Literature

Leung, Charles Ka-Yui - Chinese University of Hong Kong, Department of Economics - 2004

Persistent link: https://www.econbiz.de/10005027450

Testing Alternative Theories of Property Price-Trading Volume with Commercial Real Estate Market Data

Leung, Charles Ka-yui; Feng, Dandan - Chinese University of Hong Kong, Department of Economics - 2004

Persistent link: https://www.econbiz.de/10005028755