Shulin Shen   Lecturer (higher education)

Shulin Shen is an Assistant Professor of School of Economics, Huazhong University of Science and Technology, China. She received her Ph.D. in economics from Syracuse University (USA) in 2018.Her research lies in the areas of Financial Econometrics, Urban Economics, and Real Estate Finance and Housing, with publications on Journal of Applied Econometrics, Pacific-Basin Finance Journal, and Trav...Detials

Measuring the diffusion of housing prices across space and over time: Replication and further evidence

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