Release time:2018-05-01  Hits:

• Indexed by:Journal paper
• First Author:沈淑琳
• Journal:Journal of Applied Econometrics
• Included Journals:SSCI
• Discipline:Economics
• First-Level Discipline:Applied Economics
• Document Type:J
• Issue:33
• Page Number:479-484
• ISSN No.:0883-7252
• Key Words:Housing diffusion, SAR
• DOI number:10.1002/jae.2607
• Date of Publication:2018-05-01
• Impact Factor:2.46
• Abstract:Brady (Journal of Applied Econometrics, 2011, 26(2), 213–231) studies how fast and how long a change in housing prices in one region affects its neighbors by estimating the impulse response functions using a spatial autoregressive model (SAR). This paper replicates Brady's empirical results, but reports different SAR test statistics. Additional robustness checks are conducted by analyzing three different housing price indexes covering a more extensive period. Analysis shows that the model specifications and model estimates vary with the housing price indexes.
• Links to published journals:https://doi.org/10.1002/jae.2607