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German cities. Given the small time dimension, the forecasts are done in a panel-data format. In addition, we use panel …-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …-of-sample forecasting of the growth rates of flats' prices and rents for the next six months is done. It shows that in most cities both …
Persistent link: https://www.econbiz.de/10010896203
The prices and rents for flats in the most large German cities have been markedly grown in the last few years. This tendency will continue through 2013, too. Berlin, Hamburg, Munich, and Frankfurt am Main are leading in terms of growth of the home prices and rents. In these cities, the prices...
Persistent link: https://www.econbiz.de/10011128454
Over the past few years, prices and rents for flats went up in most German cities. This trend is expected to continue in 2013. Berlin, Hamburg, Munich, and Frankfurt am Main will still see the highest increases in property prices and rents. In these cities, housing prices are rising much faster...
Persistent link: https://www.econbiz.de/10010783924
Since 2010, housing prices in Germany have been growing on average by 6 percent a year. During the same period, the …
Persistent link: https://www.econbiz.de/10011128549
In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 … tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears …
Persistent link: https://www.econbiz.de/10011128875
In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … different predictors is tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …
Persistent link: https://www.econbiz.de/10011183188
favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such … pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …
Persistent link: https://www.econbiz.de/10005144396
favour a similar economic performance among adjacent regions. Therefore, proper forecasting of socio-economic variables, such … pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …
Persistent link: https://www.econbiz.de/10011255516
This paper considers the problem of prediction in a panel data regression model with spatial autocorrelation in the … context of a simple demand equation for liquor. This is based on a panel of 43 states over the period 1965-1994. The spatial …
Persistent link: https://www.econbiz.de/10005504097
Housing rents in Germany have been rising for several years. Especially in major cities such as Berlin, Hamburg, and … housing less attractive and would exacerbate the housing shortage. Die Mietpreise in Deutschland steigen seit einigen Jahren …
Persistent link: https://www.econbiz.de/10011128240