Hedonic Price-Rent Ratios, User Cost, and Departures from Equilibrium in the Housing Market
نویسندگان
چکیده
منابع مشابه
The Study on the Stationarity of Housing Price-to-Rent and Housing Price-to-Income Ratios in China
This paper aims to examine whether a bubble is present in the housing market of China. Thus, we use the housing price-to-income ratios and housing price-to-rent ratios of 35 cities from 1998 to 2010. The methods of the panel KSS unit root test with a Fourier function and the SPSM process are likewise used. The panel KSS unit root test with a Fourier function considers the problem of non-lineari...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2171090