Modelling Housing Market Cycles in Global Cities
Alessandra Canepa,
Emilio Zanetti Chini () and
Huthaifa Alqaralleh ()
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Huthaifa Alqaralleh: University of Turin, http://www.est.unito.it/
Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin
Abstract:
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.
Pages: pages 21
Date: 2019-01
New Economics Papers: this item is included in nep-mac and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:uto:dipeco:201901
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