Housing Price Cycle or Housing Price Bubble? Evidence from Economic Phenomenon and Stability Test
This paper aims to differentiate housing price bubble from a housing price cycle using graphical analysis, cointegrating regression and mean reversion regression. The results suggest that housing market in Malaysia is not facing a bubble at the point of time because there is no sharp upsurge and r...
Главные авторы: | , , |
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Формат: | Conference or Workshop Item |
Язык: | English |
Опубликовано: |
2016
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Предметы: | |
Online-ссылка: | https://repo.uum.edu.my/id/eprint/25071/1/ECoFI%202016%20117-124_1.PDF |