Hot property in New Zealand: Empirical evidence of housing bubbles in the metropolitan centres

Using recently developed statistical methods for testing and dating exuberant behaviour in asset prices we document evidence of episodic bubbles in the New Zealand property market over the past two decades. The results show clear evidence of a broad-based New Zealand housing bubble that began in 200...

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Bibliographic Details
Main Authors: GREENAWAY-MCGREVY, Ryan, Peter C. B. PHILLIPS
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
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Online Access:https://ink.library.smu.edu.sg/soe_research/1947
https://ink.library.smu.edu.sg/context/soe_research/article/2946/viewcontent/Hot_property_in_New_Zealand.pdf
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Institution: Singapore Management University
Language: English

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