VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES
The housing markets have played an important role in driving macroeconomic fluctuations, especially during the recent financial crisis. Residential investment is a form of real estate investment that constitutes one of the world most valuable assets due to its durability. Housing investment is an im...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Journal of Smart Economic Growth
2018-03-01
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| Series: | Journal of Smart Economic Growth |
| Online Access: | https://jseg.ro/index.php/jseg/article/view/35 |
| _version_ | 1818755190242672640 |
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| author | Siwapong Uruyos Ahmad Chaman Nye Wusin Mario Phichinni |
| author_facet | Siwapong Uruyos Ahmad Chaman Nye Wusin Mario Phichinni |
| author_sort | Siwapong Uruyos |
| collection | DOAJ |
| description | The housing markets have played an important role in driving macroeconomic fluctuations, especially during the recent financial crisis. Residential investment is a form of real estate investment that constitutes one of the world most valuable assets due to its durability. Housing investment is an important component of household wealth. There are a lot of factors that affect the demand and supply of housing investment. We investigate the correlation between housing dynamics and the business cycle for a variety of countries. Our empirical results exhibit the two daunting facts of the housing market, especially in the United States. |
| first_indexed | 2024-12-18T05:35:12Z |
| format | Article |
| id | doaj.art-2762bf82e5d24f579d09821af69c789d |
| institution | Directory Open Access Journal |
| issn | 2537-141X |
| language | English |
| last_indexed | 2024-12-18T05:35:12Z |
| publishDate | 2018-03-01 |
| publisher | Journal of Smart Economic Growth |
| record_format | Article |
| series | Journal of Smart Economic Growth |
| spelling | doaj.art-2762bf82e5d24f579d09821af69c789d2022-12-21T21:19:20ZengJournal of Smart Economic GrowthJournal of Smart Economic Growth2537-141X2018-03-0131132435VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLESSiwapong Uruyos0Ahmad Chaman1Nye Wusin2Mario Phichinni3Faculty of Economics, Chulalongkorn University, Phayathai Road, BangkokDepartment of Development Studies, Faculty of Economics and Administration, University of Malaya, 50603 Kuala LumpurSchool of Social Sciences, Universiti Sains MalaysiaDepartment of Economics, Bocconi University, Via Roberto Sarfatti, 25, 20100 MilanoThe housing markets have played an important role in driving macroeconomic fluctuations, especially during the recent financial crisis. Residential investment is a form of real estate investment that constitutes one of the world most valuable assets due to its durability. Housing investment is an important component of household wealth. There are a lot of factors that affect the demand and supply of housing investment. We investigate the correlation between housing dynamics and the business cycle for a variety of countries. Our empirical results exhibit the two daunting facts of the housing market, especially in the United States.https://jseg.ro/index.php/jseg/article/view/35 |
| spellingShingle | Siwapong Uruyos Ahmad Chaman Nye Wusin Mario Phichinni VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES Journal of Smart Economic Growth |
| title | VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES |
| title_full | VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES |
| title_fullStr | VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES |
| title_full_unstemmed | VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES |
| title_short | VOLATILE HOUSING PRICES, RESIDENTIAL INVESTMENTS AND THE BUSINESS CYCLES |
| title_sort | volatile housing prices residential investments and the business cycles |
| url | https://jseg.ro/index.php/jseg/article/view/35 |
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