Determinants of house prices in nine Asia-Pacific economies

The paper investigates the characteristics of house price dynamics and the role of institutional features in nine Asia-Pacific economies during 1993-2006. On average, house prices tend to be more volatile in markets with lower supply elasticity and a more flexible business environment. At the national level, the current run-up in house prices mainly reflects adjustment...

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Year of publication:	2008-10-01
Authors:	Glindro, Eloisa T ; Subhanij, Tientip ; Szeto, Jessica ; Zhu, Haibin
Institutions:	Bank für Internationalen Zahlungsausgleich <Basel>
Subject:	Wirtschaftstheorie \| Bodenpreis \| Baufinanzierung \| construction financing \| Überbewertung

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Extent:	425984 bytes 51 p. application/pdf
Series:	Bank for International Settlements -Working Papers BIS Working Paper ; No 263 (2008)
Type of publication:	Book / Working Paper
Language:	English
Classification:	G12 - Asset Pricing ; R31 - Housing Supply and Markets ; Business operations of housing economics ; Individual Working Papers, Preprints ; Global Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10009248832