Econometric Analysis of the Real Estate Market and Investment

ISBN-13: 9780415241816 / Angielski / Twarda / 2001 / 192 str.

Peijie Wang

Opis

This book provides an economic and econometric analysis of real estate investment and real estate market behaviour. Peijie Wang examines fluctuations in the real estate business to reveal the mechanisms governing the interactions between the industry and other sectors of the economy. Addressing new developments in financial and economic research, the workings of the real estate market are analyzed through theory and the use of sophisticated mathematical models, with real cases demonstrating the applications. The methodology and theoretical developments in the book are universal to the professions of economics, econometrics and finance. The author draws upon literature of the business cycle, the efficient market hypothesis and rational expectations, while applying and discussing econometric methods that include those used for investigating trends and cycles, decomposition of trends and cycles, common trends and common cycles, and univariate and multivariate shock persistence profiles.

Spis treści

Part I: Preliminaries Part II: The Dynamic Behaviour of Economic and Financial Time Series Part III: The Dynamic Behaviour of Real Estate

O autorze

Peijie Wang