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Dynamic modeling of regional house price diffusion in Taiwan

✍ Scribed by Pei-Fen Chen; Mei-Se Chien; Chien-Chiang Lee

Book ID
116649449
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
541 KB
Volume
20
Category
Article
ISSN
1051-1377

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## Abstract This paper uses the dynamic factor model framework, which accommodates a large cross‐section of macroeconomic time series, for forecasting regional house price inflation. In this study, we forecast house price inflation for five metropolitan areas of South Africa using principal compone