Rapidly rising house prices over the last few years has drawn the attention of researchers to the drivers lying behind both supply and demand side influences in the housing market. This study complements much of that work by attempting to uncover the price and income parameters for rental and...

This examination of the temporal dynamics of the international Monday effect is based on 50 countries. Observed between-country differences are characterised by an economic factor based on four indices. The prior day effect captures the tendency for price changes to follow those on the prior...

Conflicting evidence on weak form efficiency of the Dhaka Stock Market appears to stem from the use of monthly versus daily data, structural changes after the 1996 market crash, and the use of tests with or without heteroscedasticity adjustment. Heteroscedasticity-robust tests indicate...

Purpose – to measure the temporal change in market efficiency of 17 international stock indices based on small firms.

Very little is known about changes in the demand characteristics of food in New Zealand. As far as we can determine, there has never been a complete disaggregated food demand model estimated for New Zealand. The object of this paper is to update these estimates using more recent data to see...

In this paper, we employ the systems approach to the estimation of demand equations. We model visitor expenditures on six different categories of goods at a major resort destination,Hawaii.This study breaks new ground in several respects: (a) we apply systems estimation techniques to a new area...