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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20418 |
来源ID | Working Paper 20418 |
The Dynamics of Housing Prices | |
Sheridan Titman; Ko Wang; Jing Yang | |
发表日期 | 2014-08-28 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We analyze the prices of owner-occupied housing in 97 metropolitan areas between 1980 and 2011. Our tests indicate that price changes exhibit positive serial correlation at the one year intervals, with subsequent reversals of price changes over longer intervals. Consistent with our simple model, regional differences in observed price patterns reflect differences in the serial correlation of the demand shocks as well as the elasticity of supply responses. |
主题 | Regional and Urban Economics ; Real Estate |
URL | https://www.nber.org/papers/w20418 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578092 |
推荐引用方式 GB/T 7714 | Sheridan Titman,Ko Wang,Jing Yang. The Dynamics of Housing Prices. 2014. |
条目包含的文件 | 条目无相关文件。 |
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