| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 962085 | Journal of Housing Economics | 2011 | 18 Pages |
Abstract
⺠Accounts for expected future neighborhood effects as well as current neighborhood effects. ⺠Future and contemporaneous neighborhood price movements affect house price in the same way. ⺠Superior out-of-sample prediction performance of the rational expectations asset pricing model. ⺠Useful for price evaluation as well as refining historical studies of certain housing variables.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Hua Kiefer,