Bubbles in the Singapore property market : an econometric prospective.
In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the US market, using both fundamental variables as prescribed by general urban economic theories as well as expectations modeled as dynamic adjustments. The dynamic component performed well as expected, ac...
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Published: |
2008
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| Online Access: | http://hdl.handle.net/10356/10796 |
| _version_ | 1826119228924624896 |
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| author | Chia, Swee Kuen. Wong, Daniel Chun Yap. |
| author2 | Li, Michael Zhi-Feng |
| author_facet | Li, Michael Zhi-Feng Chia, Swee Kuen. Wong, Daniel Chun Yap. |
| author_sort | Chia, Swee Kuen. |
| collection | NTU |
| description | In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the US market, using both fundamental variables as prescribed by general urban economic theories as well as expectations modeled as dynamic adjustments. The dynamic component performed well as expected, accounting for 60% of property price change, thus providing empirical evidence of the role of expectations and bubbles in the local property market. |
| first_indexed | 2024-10-01T04:56:45Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/10796 |
| institution | Nanyang Technological University |
| last_indexed | 2024-10-01T04:56:45Z |
| publishDate | 2008 |
| record_format | dspace |
| spelling | ntu-10356/107962023-05-19T05:44:57Z Bubbles in the Singapore property market : an econometric prospective. Chia, Swee Kuen. Wong, Daniel Chun Yap. Li, Michael Zhi-Feng Nanyang Business School DRNTU::Business::General::Economic and business aspects In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the US market, using both fundamental variables as prescribed by general urban economic theories as well as expectations modeled as dynamic adjustments. The dynamic component performed well as expected, accounting for 60% of property price change, thus providing empirical evidence of the role of expectations and bubbles in the local property market. 2008-09-24T07:47:37Z 2008-09-24T07:47:37Z 1999 1999 Final Year Project (FYP) http://hdl.handle.net/10356/10796 Nanyang Technological University application/pdf |
| spellingShingle | DRNTU::Business::General::Economic and business aspects Chia, Swee Kuen. Wong, Daniel Chun Yap. Bubbles in the Singapore property market : an econometric prospective. |
| title | Bubbles in the Singapore property market : an econometric prospective. |
| title_full | Bubbles in the Singapore property market : an econometric prospective. |
| title_fullStr | Bubbles in the Singapore property market : an econometric prospective. |
| title_full_unstemmed | Bubbles in the Singapore property market : an econometric prospective. |
| title_short | Bubbles in the Singapore property market : an econometric prospective. |
| title_sort | bubbles in the singapore property market an econometric prospective |
| topic | DRNTU::Business::General::Economic and business aspects |
| url | http://hdl.handle.net/10356/10796 |
| work_keys_str_mv | AT chiasweekuen bubblesinthesingaporepropertymarketaneconometricprospective AT wongdanielchunyap bubblesinthesingaporepropertymarketaneconometricprospective |