Capital Flows and House Prices: An Empirical Study of Taiwan
碩士 === 國立臺灣大學 === 經濟學研究所 === 103 === This paper investigates the impact of hot money on Taiwan''s real estate market. The Markov-switching approach with two-stage estimation is applied in this paper. The estimation results indicate that inflows of hot money drove up housing return in the b...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2015
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| Online Access: | http://ndltd.ncl.edu.tw/handle/6wf2gg |