Are housing price cycles asymmetric? Evidence from the US States and Metropolitan areas

This paper investigates asymmetry in US housing price cycles at the state and metropolitan statistical area (MSA) level, using the Triples test (Randles, Flinger, Policello, & Wolfe, 1980) and the Entropy test of Racine and Maasoumi (2007). Several reasons may account for asymmetry in housing p...

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Bibliographic Details
Main Authors: Christophe André, Rangan Gupta, John W. Muteba Mwamba
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-11-01
Series:International Journal of Strategic Property Management
Subjects:
Online Access:https://www.bme.vgtu.lt/index.php/IJSPM/article/view/6361