Autori
Canepa, Alessandra
Zanetti Chini, Emilio
Alqaralleh, Huthaifa

Titolo
Modelling Housing Market Cycles in Global Cities.
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 2019 - Volume: 1 - Fascicolo: 1 - Pagina iniziale: 1 - Pagina finale: 21

In this paper we consider the dynamic features of house prices in metropolises that are characterized by high degree of internationalization. Using a generalized smooth transition model we show that the dynamic symmetry in house price cycles is strongly rejected for the housing markets taken into consideration.



Testo completo: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2019dip/wp_1_2019.pdf

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