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This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs matched home purchase price and rental price series using the repeated sales method. These matched series allow us to conduct time series analysis to examine the long-term present...
Persistent link: https://www.econbiz.de/10011400485
The extent of market efficiency induced by rational behaviour of market participants is central for economic research. Many economists have already examined sports-betting markets as a laboratory to better understand trading behaviour and efficiency of stock prices while avoiding to jointly test...
Persistent link: https://www.econbiz.de/10011892068
expenditures. JEL Codes: H50; H54; H72; C13 Keywords: Public Expenditures; Cointegration; Decentralization …
Persistent link: https://www.econbiz.de/10011318762
increases in productivity, several single-equation and system cointegration techniques are applied. The estimation results can …
Persistent link: https://www.econbiz.de/10010295973
developing countries using cointegration techniques on a country-by-country basis. The paper finds that in the vast majority of …
Persistent link: https://www.econbiz.de/10010296028
cointegration framework to examine whether Chinese interest rates are driven by the Fed’s policy. In a second step, we estimate a …
Persistent link: https://www.econbiz.de/10010305975
the link between the gasoline and diesel markets, we assume a common co-integration relationship. Therefore, we also …
Persistent link: https://www.econbiz.de/10012141506