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Author : Bing Zhu
Release : 2011
Genre :
Kind : eBook
Book Rating : 654/5 ( reviews)
Book Synopsis Essays on Spatial Econometrics of the Housing Market by : Bing Zhu
Download or read book Essays on Spatial Econometrics of the Housing Market written by Bing Zhu. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hua Kiefer
Release : 2007
Genre :
Kind : eBook
Book Rating : 957/5 ( reviews)
Book Synopsis Essays on Applied Spatial Econometrics and Housing Economics by : Hua Kiefer
Download or read book Essays on Applied Spatial Econometrics and Housing Economics written by Hua Kiefer. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: Housing purchase represents one of a household's most significant economic decisions. The ancient joke in real estate is that the three most important criteria for selecting a house are location, location, and location. This explains the great emphasis of a household on residential location choice when he/she is buying a home. Driven by households' demand on location, it should also play an important role in determining house prices. As a key determinant in household consumption behavior, locational context or neighborhood effects is worth investigation. This dissertation examines locational/neighborhood effects in the housing market using spatial econometric methods.
Author : Lin Cui
Release : 2011
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Three essays on housing market and spatial disamenities by : Lin Cui
Download or read book Three essays on housing market and spatial disamenities written by Lin Cui. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thorsten Martin
Release : 2017
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Advances in Spatial Econometrics and the Political Economy of Local Housing Supply by : Thorsten Martin
Download or read book Advances in Spatial Econometrics and the Political Economy of Local Housing Supply written by Thorsten Martin. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: This cumulative dissertation consists of five chapters. In terms of research content, my thesis can be divided into two parts. Part one examines local interactions and spillover effects between small regional governments using spatial econometric methods. The second part focuses on patterns within municipalities and inspects which institutions of citizen participation, elections and local petitions, influence local housing policies. ...
Author : Jean Dubé
Release : 2018
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Putting Time Into Space by : Jean Dubé
Download or read book Putting Time Into Space written by Jean Dubé. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: Relationships between past events, future expectations and present decisions, typically examined through a temporal prism within applied economics, have been lately moving to the spatial dimension through spatial econometrics. However, violations of the “arrow of time”, and thus causality, have been identified in spatial econometric techniques applied to spatio-temporal data consisting of observations each at a specific location and distinct moment in time. A comprehensive review classifies for the first time several redresses to this issue in a currently fragmented literature. This paper puts back the temporal dimension into spatial Hedonic Pricing models through a unique specification of a spatio-temporal model that successfully isolates three effects: First, past sale prices affecting current prices, which exemplifies the “sales comparison” approach. Second, a contemporaneous peer effect that is occurring within the narrow time frame of interaction between market participants prior to a sale. Third, the signals of sellers' expectations are captured in the asking prices of other houses not yet sold, while the buyer is active in the market. This affects the final sale price, due to strategic behaviour and anchoring. This is the first instance that effects other than the own asking price can be handled in such models. In “boom” market conditions, this mechanism introduces the expectation of increasing prices to the hedonic price function, potentially contributing to housing market "bubble” propagation.
