Price volatility of commercial and residential property
Publication in refereed journal


香港中文大学研究人员 ( 现职)

邝启新教授 (经济学系)

全文

数位物件识别号 (DOI) http://dx.doi.org/10.1023/A:1007875704572

引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/5WOS source URL

其它资讯

摘要This article studies the relative volatility of commercial and residential property prices. Empirical evidence of commercial property prices being more volatile than the prices of residential property is presented. Models are built following that of Lucas. Theoretical statements are derived to show the exact conditions under which the observations arise. The cases of fixed supply and flexible supply are considered separately.

着者Kwong SKS, Leung CKY
期刊名称JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS
出版年份2000
月份1
日期1
卷号20
期次1
出版社KLUWER ACADEMIC PUBL
页次2http://aims.cuhk.edu.hk/converis/portal/Publication/5 - 36
国际标準期刊号089http://aims.cuhk.edu.hk/converis/portal/Publication/5-http://aims.cuhk.edu.hk/converis/portal/Publication/5638
电子国际标準期刊号1http://aims.cuhk.edu.hk/converis/portal/Publication/573-04http://aims.cuhk.edu.hk/converis/portal/Publication/5X
语言英式英语

Web of Science 学科类别Business & Economics; Business, Finance; BUSINESS, FINANCE; Economics; ECONOMICS; Urban Studies; URBAN STUDIES