Počet záznamů: 1
Housing Price Volatility and Econometrics
- 1.
SYSNO ASEP 0436954 Druh ASEP J - Článek v odborném periodiku Zařazení RIV Záznam nebyl označen do RIV Poddruh J Ostatní články Název Housing Price Volatility and Econometrics Tvůrce(i) Sunega, Petr (SOU-Z) RID, ORCID, SAI
Lux, Martin (SOU-Z) RID, ORCID, SAI
Zemčík, Petr (NHU-N) RIDZdroj.dok. Critical Housing Analysis. - : Sociologický ústav AV ČR, v. v. i. - ISSN 2336-2839
Roč. 1, č. 2 (2014), s. 70-78Poč.str. 9 s. Forma vydání Online - E Jazyk dok. eng - angličtina Země vyd. CZ - Česká republika Klíč. slova econometrics ; housing prices ; price bubbles Vědní obor RIV AO - Sociologie, demografie CEP GAP404/12/1446 GA ČR - Grantová agentura ČR Institucionální podpora SOU-Z - RVO:68378025 ; NHU-N - RVO:67985998 DOI 10.13060/23362839.2013.1.2.117 Anotace Econometric models have produced contradictory results and have failed to provide warning of housing market crashes. The article should illustrate the inability of econometrics to reliably predict the last house price bubble and detect the disequilibrium in the housing markets. The authors will demonstrate on particular situation that two distinct but well specified econometric models can lead to different outcomes. The authors argue that the demand for housing is influenced by social constructs, social norms, ideologies, unrealistic expectations, symbolic patterns, and the actual choice of housing is the outcome of complex social interactions with reference groups. Consequently, it is necessary to analyse the potential instability of social constructs, norms, expectations and the changing character of social interactions to better understand purchasing behaviour and, then, house price volatility. Pracoviště Sociologický ústav Kontakt Eva Nechvátalová, eva.nechvatalova@soc.cas.cz, Tel.: 222 220 924 / linka 351 Rok sběru 2015
Počet záznamů: 1