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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 … framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears to dominate all …
Persistent link: https://www.econbiz.de/10011505867
generation panel unit root tests that ignore these cross-correlations. Third, Pesaran's CIPS test indicates that the unit root …
Persistent link: https://www.econbiz.de/10011480909
The housing market is complex, multidimensional and depends on the variability of external factors and the amount of information available to the agents involved in the process. Despite the challenges associated to this theme, its relevance in the socioeconomic and territorial context, sustains...
Persistent link: https://www.econbiz.de/10011506409
This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single …
Persistent link: https://www.econbiz.de/10011517966
"Spatial thinking" is increasingly popular in housing market studies and spatial dependence across properties has been widely investigated in the intra-city housing market. The contribution of this paper is to study the spatial dependence and spillover effect of house prices from an interurban...
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It has always been important to anticipate the demand for a product. To determine the demand for any product, the parameters such as the economic situation and the demands of the rival products are used generally. Especially in the housing sector, which is the locomotive sector for emerging...
Persistent link: https://www.econbiz.de/10012236805
bubble is estimated relative to the fundamental level implied by the panel cointegrating relationship. Second, the impact of …
Persistent link: https://www.econbiz.de/10011550681