Investigators at National Taiwan University Discuss Research in Urban Economics
2012 MAY 11 - (VerticalNews.com) -- According to the authors of a study from Taipei, Taiwan, "This paper studies the dynamics of housing returns in Singapore. We first extract the movements of Singapore's economic aggregates that are free from foreign (U.S. and rest of the world) factors, and then examine the determinants of its housing returns."
"We find that both the domestic variables (such as GDP growth rate, volume of international trade, and exchange rate) and U.S. variables (such as the Federal Fund Rate and the External Finance Premium) are important during the boom regime. The bust regime is very different," wrote K.L. Chang and colleagues, National Taiwan University.
The researchers concluded: "Directions for future research are discussed."
Chang and colleagues published their study in Regional Science and Urban Economics (The dynamics of housing returns in Singapore: How important are the international transmission mechanisms? Regional Science and Urban Economics, 2012;42(3):516-530).
For more information, contact K.L. Chang, National Taiwan University, Dept. of Econ, Taipei 10021, Taiwan.
Publisher contact information for the journal Regional Science and Urban Economics is: Elsevier Science Bv, PO Box 211, 1000 Ae Amsterdam, Netherlands.
Keywords: City:Taipei, Country:Taiwan, Region:Asia
This article was prepared by VerticalNews Economics editors from staff and other reports. Copyright 2012, VerticalNews Economics via VerticalNews.com.