What factors drive the price-rent ratio for the housing market? A modified present-value analysis

DOI10.1016/j.jedc.2015.06.006zbMath1401.91496OpenAlexW3122193258MaRDI QIDQ1657511

N. Kundan Kishor, James C. Morley

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2015.06.006

zbMATH Keywords

present-value modelprice-rent ratiounobserved component model

Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Statistical methods; economic indices and measures (91B82)

Related Items (3)

On the cyclicity of regional house prices: new evidence for U.S. metropolitan statistical areas ⋮ From multivariate to functional data analysis: fundamentals, recent developments, and emerging areas ⋮ Residual-augmented IVX predictive regression

Cites Work

• The Geographic Determinants of Housing Supply^*
• Testing the Present Value Relation for Housing Prices: Should I Leave My House in San Francisco?

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