Measuring the Diffusion of Housing Prices across Space and Over Time: Replication and Further Evidence

发布时间：2018-05-01 点击次数：

• 论文类型：期刊论文
• 第一作者：沈淑琳
• 发表刊物：Journal of Applied Econometrics
• 收录刊物：SSCI
• 学科门类：经济学
• 一级学科：应用经济学
• 文献类型：J
• 期号：33
• 页面范围：479-484
• ISSN号：0883-7252
• 关键字：Housing diffusion, SAR
• DOI码：10.1002/jae.2607
• 发表时间：2018-05-01
• 影响因子：2.46
• 摘要：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.
• 发布期刊链接：https://doi.org/10.1002/jae.2607