Property market bubbles : some evidence from Seoul and Hong Kong
Expectations are central to real-estate price formation, making speculative bubbles an inherent feature of real-estate markets. The literature has developed an array of tools on the detection of bubbles. Unfortunately, because of identification problems, none of them alone can give a definitive answ...
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| Format: | Theses and Dissertations |
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2008
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| Institution: | Nanyang Technological University |