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that, in this case, adding stochastic volatility can further improve the forecasting performance of a single-factor BVAR …
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The basic concept of a reverse mortgage is loan available to homeowners who are 65 years or older that enables them to convert part of the equity in their home into cash. The loan is called a reverse mortgage because the traditional mortgage payback stream is reversed. Instead of making monthly...
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predict the dynamics of home rents and prices in the nearest future. In this paper, we evaluate the forecasting ability of 115 … the forecasts, given the local nature of real-estate markets. The forecast accuracy of different predictors is tested in a … framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears to dominate all …
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