House price cycles in Australia’s four largest capital cities
The aims of this paper are twofold. First, we propose a threshold cube equation, augmented with the optimal number of autoregressive terms, to model the likely future path of house prices in Australia’s four major capital cities. The proposed framework can be adopted to simulate house prices in othe...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
The Economic Society of Australia
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/22559 |