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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Main Authors: | GREENAWAY-MCGREVY, Ryan, Peter C. B. PHILLIPS |
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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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