@article{ART001356034},
author={Park， Heonsoo and 안지아},
title={The Sources of Regional Real Estate Price Fluctuations},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2009},
volume={19},
number={1},
pages={27-49}
TY - JOUR
AU - Park， Heonsoo
AU - 안지아
TI - The Sources of Regional Real Estate Price Fluctuations
JO - Korea Real Estate Review
PY - 2009
VL - 19
IS - 1
PB - korea real estate research institute
SP - 27
EP - 49
SN - 2092-5395
AB - The housing price fluctuations in Seoul could be affected by several factors which are identified as shocks in national interest rate and housing markets. Magnitudes or importance levels of those shocks could be specified in short- and long-terms through forecasting error decompositions and the orthogonal impulse reponse. Therefore in this study, search out the relation between housing purchase price and junse price in seoul by area and macro economy variable. Also, analyzed both of effect that can explain and effect that can not explain using impulse response analysis and variance decomposition analysis. The factors which affect the each housing price vary by interest or nearby area. The factors which affect the each housing price correlate each other, so need to establish a housing policy that predicts more exactly about factors.
KW - Vector Autoregression Model;Impulse Response;Variance Decomposition
DO -
UR -
ER -
Park， Heonsoo and 안지아. (2009). The Sources of Regional Real Estate Price Fluctuations. Korea Real Estate Review, 19(1), 27-49.
Park， Heonsoo and 안지아. 2009, "The Sources of Regional Real Estate Price Fluctuations", Korea Real Estate Review, vol.19, no.1 pp.27-49.
Park， Heonsoo, 안지아 "The Sources of Regional Real Estate Price Fluctuations" Korea Real Estate Review 19.1 pp.27-49 (2009) : 27.
Park， Heonsoo, 안지아. The Sources of Regional Real Estate Price Fluctuations. 2009; 19(1), 27-49.
Park， Heonsoo and 안지아. "The Sources of Regional Real Estate Price Fluctuations" Korea Real Estate Review 19, no.1 (2009) : 27-49.
Park， Heonsoo; 안지아. The Sources of Regional Real Estate Price Fluctuations. Korea Real Estate Review, 19(1), 27-49.
Park， Heonsoo; 안지아. The Sources of Regional Real Estate Price Fluctuations. Korea Real Estate Review. 2009; 19(1) 27-49.
Park， Heonsoo, 안지아. The Sources of Regional Real Estate Price Fluctuations. 2009; 19(1), 27-49.
Park， Heonsoo and 안지아. "The Sources of Regional Real Estate Price Fluctuations" Korea Real Estate Review 19, no.1 (2009) : 27-49.
