Detecting Bubbles in Hong Kong Residential Property Market
This study uses a newly developed bubble detection method (Phillips, Shi and Yu, 2011) to identify real estate bubbles in the Hong Kong residential property market. Our empirical results reveal several positive bubbles in the Hong Kong residential property market, including one in 1995, a stronger o...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1404 https://ink.library.smu.edu.sg/context/soe_research/article/2403/viewcontent/31_2012_Detecting_Bubbles_in_Hong_Kong_Residential.pdf |
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| Institution: | Singapore Management University |
| Language: | English |