Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962283 | Journal of Housing Economics | 2013 | 11 Pages |
Abstract
⺠A new index of Swiss property prices covering 80 years is constructed. ⺠We use both regression-based methods as well as arithmetic averages. ⺠The structural time series model yields the most stable results. ⺠The ISPAR produces similar dynamics yet exhibits higher volatility. ⺠Notable macroeconomic events are well captured by the newly developed indexes.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mihnea Constantinescu, Marc Francke,