Bubbles in the Singapore property market : an econometric prospective.

• Main Authors: Chia, Swee Kuen., Wong, Daniel Chun Yap.
• Other Authors: Li, Michael Zhi-Feng
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::General::Economic and business aspects
• Online Access: http://hdl.handle.net/10356/10796
• Institution: Nanyang Technological University

In this paper, we attempted to model dynamic movement in prices, borrowing an earlier model on the US market, using both fundamental variables as prescribed by general urban economic theories as well as expectations modeled as dynamic adjustments. The dynamic component performed well as expected, ac...