Out-of-sample forecasting of housing bubble tipping points
This paper analyzes the information content of statistical tests for bubble detection in the context of international real estate markets. We derive binary indicators from the causal application of five statistical tests to log house prices, and via logit regressions we assess the indicators’ out-of...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AIMS Press
2018-11-01
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| Series: | Quantitative Finance and Economics |
| Subjects: | |
| Online Access: | http://www.aimspress.com/article/10.3934/QFE.2018.4.904/fulltext.html |