| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 961952 | Journal of Housing Economics | 2012 | 12 Pages |
Abstract
⺠We investigate the determinants of homebuilder stock price exposure to lumber. ⺠Lumber price plays a dual role in home production:production input cost and future housing demand indicator. ⺠The slope of lumber futures curve contains extra information about housing demand not captured by FHFA-HPI.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Peng Liu, Xiaomeng Lu, Ke Tang,