## PREVIOUS TESTS OF THE UNBIASED EXPECTATIONS HYPOTHESIS Price dynamics in the metals markets are not characterized by seasonalities in supply and metals can be stored indefinitely with relatively stable storage costs. Despite these convenient features of the data, previous empirical tests of the
Empirical Tests of the Fundamental-Value Hypothesis in Land Markets
โ Scribed by Angeline M. Lavin; Thomas S. Zorn
- Book ID
- 110255798
- Publisher
- Springer US
- Year
- 2001
- Tongue
- English
- Weight
- 147 KB
- Volume
- 22
- Category
- Article
- ISSN
- 0895-5638
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๐ SIMILAR VOLUMES
## Abstract The authors empirically test the veracity of the __consumption convergence hypothesis__ for emerging markets (EMs): the hypothesis that through social influences on individual consumers resulting from global integration, and exposure to the United States (U.S.), consumption levels in EM
This paper analyzes the effects of zoning and restrictive covenants on single-family housing prices in and around Houston, Texas. The calculation of a hedonic price index reveals that higher prices are paid for homes in neighborhoods with either type of land-use control than for comparable houses in