Nguyen, T. Thanh-Binh; Wang, Kuan-Min - In: Journal of Chinese Economic and Business Studies 8 (2010) 1, pp. 95-115
This paper investigates the housing-macroeconomic nexus in Taiwan with endogenous structural breaks during 1991-2006. GDP and CPI are taken into consideration for examining the inflation hedging ability of Taiwan's housing returns and the contribution of the housing market to economic growth....