Showing 1 - 10 of 64,853
. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …
Persistent link: https://www.econbiz.de/10011587110
According to housing investment models, house prices and replacement cost should have an equilibrating relationship. Previous empirical work - mainly based on aggregate-level data - has found only little evidence of such a relationship. By using a unique data set, covering transactions of...
Persistent link: https://www.econbiz.de/10003636084
This study applies a model averaging approach to conditionally forecast housing investment in the largest euro area … investment which calls for country-specific housing market policies. A pseudo out-of-sample forecast exercise shows that our …. This suggests that there is ample scope for model averaging tools in forecast exercises, notably as they also help to …
Persistent link: https://www.econbiz.de/10014278682
Persistent link: https://www.econbiz.de/10011948274
This paper uses a neoclassical investment model extended with installation costs for capital, agency costs for investment financing, and the possibility of the firm being output constrained as a framework for an empirical analysis of investment behaviour in the Swedish manufacturing industry....
Persistent link: https://www.econbiz.de/10011583518
Persistent link: https://www.econbiz.de/10009765147
Informationally efficient prices are a necessary requirement for optimal resource allocation in the real estate market. Prices are informationally efficient if they reflect buildings’ benefit to marginal buyers, thereby taking account of all available information on future market development....
Persistent link: https://www.econbiz.de/10009688949
Persistent link: https://www.econbiz.de/10001782035
and country specific models. First, co-integration among the parsimoniously specified set of fundamental variables is …
Persistent link: https://www.econbiz.de/10013102106
Persistent link: https://www.econbiz.de/10009007664