Showing 1 - 10 of 306
Abstract This paper analyzes the relationship between stock prices, house prices and consumption using data for 16 OECD countries. The panel data analysis suggests that the long-run responsiveness of consumption to permanent changes in stock prices is higher for countries with a market-based...
Persistent link: https://www.econbiz.de/10014588356
Abstract This paper examines five possible explanations for the Great Recession of 2008 and 2009, using data for the United States and the eurozone. Of these five hypotheses, four are not supported by the data, while the fifth appears reasonable.
Persistent link: https://www.econbiz.de/10014619313
and stock prices in Australia, suggesting the existence of capital switching activities between housing and stocks. The … the crisis. The capital switching activities between housing and stocks are more evident for small cap stocks. Originality … capital switching activities between housing and stocks. In addition, the impact of investor structure on the …
Persistent link: https://www.econbiz.de/10014778018
Purpose – The paper seeks to assess the impact of brand acquisition announcement on the wealth of the acquiring company's shareholders in India. Furthermore, announcement returns have been assessed and compared across FMCG versus pharmaceutical brand acquisitions and domestic versus cross...
Persistent link: https://www.econbiz.de/10014896308
Purpose – The wealth effect of accelerated stock repurchase (ASR) documented by previous studies is not as large as the authors would have expected. The authors believe that there are potentially important sampling problems in the previous studies, which make the results less reliable....
Persistent link: https://www.econbiz.de/10014941570
The present research provides a critical review of the housing industry efficiency and its future in Iran. Data … Envelopment Analysis (DEA) is used to evaluate housing industry performance in different states based on the relevant data … government in finding a solution to the current housing problem.  …
Persistent link: https://www.econbiz.de/10014585278
along with the implications of the housing market developments for consumer spending, fiscal and monetary policy. The … possibility of a housing bubble and bust is examined along with its implications for the economy; policy options to minimize this …
Persistent link: https://www.econbiz.de/10014593161
worries, put forward by Wolfgang Maennig, are: (1) that housing suppliers could withdraw as rents fall, while (2) housing …
Persistent link: https://www.econbiz.de/10014609100
confirms their significant impact on residential housing performance variables.  …
Persistent link: https://www.econbiz.de/10014852217
to traditionally used consumer demographic or economic variables in predicting housing purchase intention with a consumer …
Persistent link: https://www.econbiz.de/10014848264