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Bubbles in South African house prices and their impact on consumption

Author: Das, Sonali ; Gupta, R ; Kanda, PT Date: Apr 2011 This paper first tests for house price bubbles in the South African housing market, using quarterly data from 1969:Q2 to 2009:Q3, based on the unit root test developed by Phillips et al. (2007). This test not only allows us to detect whether ... Read more

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Browsing by Subject "Error correction model"

Browsing by Subject "Error correction model"

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