How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries write by Mr.Philippe Bracke. This book was released on 2011-10-01. How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries available in PDF, EPUB and Kindle. This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference disappears once the last house price boom is excluded. In terms of length distribution, upturns (but not downturns) are more likely to end as their duration increases. This duration dependence is consistent with a boom-bust view of house price dynamics, where booms represent departures from fundamentals that are increasingly difficult to sustain.
Dynamics of Housing in East Asia
Dynamics of Housing in East Asia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dynamics of Housing in East Asia write by Bertrand Renaud. This book was released on 2016-04-18. Dynamics of Housing in East Asia available in PDF, EPUB and Kindle. This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empirical literature applies analytic tools in the context of East Asian institutions and policies helps understand factors affecting resilience and stability in East Asian real estate markets.
Real Estate Economics
Real Estate Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Real Estate Economics write by Nicholas G. Pirounakis. This book was released on 2013. Real Estate Economics available in PDF, EPUB and Kindle. Real Estate Economics: A point-to-point handbook introduces the main tools and concepts of real estate (RE) economics. It covers areas such as the relation between RE and the macro-economy, RE finance, investment appraisal, taxation, demand and supply, development, market dynamics and price bubbles, and price estimation. It balances housing economics with commercial property economics, and pays particular attention to the issue of property dynamics and bubbles – something very topical in the aftermath of the US house-price collapse that precipitated the global crisis of 2008. This textbook takes an international approach and introduces the student to the necessary ‘toolbox’ of models required in order to properly understand the mechanics of real estate. It combines theory, technique, real-life cases, and practical examples, so that in the end the student is able to: • read and understand most RE papers published in peer-reviewed journals; • make sense of the RE market (or markets); and • contribute positively to the preparation of economic analyses of RE assets and markets soon after joining any company or other organization involved in RE investing, appraisal, management, policy, or research. This book should be particularly useful to third-year students of economics who may take up RE or urban economics as an optional course, to postgraduate economics students who want to specialize in RE economics, to graduates in management, business administration, civil engineering, planning, and law who are interested in RE, as well as to RE practitioners and to students reading for RE-related professional qualifications.
Managing Country Risk in an Age of Globalization
Managing Country Risk in an Age of Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managing Country Risk in an Age of Globalization write by Michel Henry Bouchet. This book was released on 2018-08-04. Managing Country Risk in an Age of Globalization available in PDF, EPUB and Kindle. This book provides an up-to-date guide to managing Country Risk. It tackles its various and interlinked dimensions including sovereign risk, socio-political risk, and macroeconomic risk for foreign investors, creditors, and domestic residents. It shows how they are accentuated in the global economy together with new risks such as terrorism, systemic risk, environmental risk, and the rising trend of global volatility and contagion. The book also assesses the limited usefulness of traditional yardsticks of Country Risk, such as ratings and rankings, which at best reflect the market consensus without predictive value and at worst amplify risk aversion and generate crisis contamination. This book goes further than comparing a wide range of risk management methods in that it provides operational and forward-looking warning signs of Country Risk. The combination of the authors’ academic and market-based backgrounds makes the book a useful tool for scholars, analysts, and practitioners.
OECD Economic Surveys: New Zealand 2015
OECD Economic Surveys: New Zealand 2015 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook OECD Economic Surveys: New Zealand 2015 write by OECD. This book was released on 2015-06-09. OECD Economic Surveys: New Zealand 2015 available in PDF, EPUB and Kindle. This 2015 OECD Economic Survey of New Zealand examines recent economic developments, policies and prospects. Special chapters cover sustaining the economic expansion and making growth more inclusive.
