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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2018-11-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://www.bme.vgtu.lt/index.php/IJSPM/article/view/6361 |