Dynamic Speculative Behaviors and Mortgage Bubbles

Name: Dynamic Speculative Behaviors and Mortgage Bubbles
Brand: LAP Lambert Academic Publishing
SKU: 9783659460708
Price: 789 CZK
Availability: InStock

Real Estate Markets in Mainland China

Autor: Sheng Wang

Jazyk:

Vazba: Brožovaná

Vydavatel: LAP Lambert Academic Publishing

Dostupnost: Skladem u dodavatele

Odesíláme za 8-11 dnů

789 Kč

The real estate markets are full of speculative behaviors, and have been booming since the beginning...

Informace o knize

Autor

Sheng Wang

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2013

Stránek

EAN

9783659460708

Enbook ID

02201744

Vydavatel

LAP Lambert Academic Publishing

Hmotnost

131

Rozměry

150 x 220 x 5

Kompletní popis

The real estate markets are full of speculative behaviors, and have been booming since the beginning of this decade. Even though the markets have only a very short history, the issue of how to rationally measure the speculative behaviors remains open in the academe and practice. Based on the levels of house prices, this booklet establishes some innovative dynamic models, proposes a concept of utilizing the ratio between net mortgage loan and net speculative gain to investigate the speculative behaviors and mortgage bubbles, and concludes some interesting results: The necessary condition of speculative behaviors existence is that the growth rate of house prices must have a positive minimum boundary, and, the net mortgage loan to net speculative gain ratio subsequently exists, depicting approximately the potential risks banks would face. Furthermore, investor s behaviors may massively impact the trend of house prices through changing the expectation or variance of house returns in sale or in resale. The last finding indicates that investor s behaviors change markets behaviors, which evidently testifies that the Efficient Market Hypothesis would be invalid.

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také

Nejčastěji hledané

Categories

Authors

Publishers

Produkty

Produkty

Nejčastěji hledané

Categories

Authors

Publishers

Produkty

Produkty

Dynamic Speculative Behaviors and Mortgage Bubbles

Real Estate Markets in Mainland China

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také