Measuring the diffusion of housing price
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Ryan R. Brady
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Article
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2009
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John Wiley and Sons
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English
β 182 KB
How fast and how long (and to what magnitude) does a change in housing prices in one region affect its neighbors? In this paper, I apply a time series technique for measuring impulse response functions from local projections to a spatial autoregressive model of housing prices. For a dynamic panel of