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Structural Change Modeling of Singapore Private Housing Price in Simultaneous Equation Model
Weihong Huang1; Yang Zhang2
2012-06
Source PublicationJournal of Financial Risk Management
ISSN2167-9533
Volume1Issue:2Pages:7-14
Other Abstract

This paper investigates the structural change behavi or of Singapore’s private housing market and in particular the impact of government policies on housing price determination. A structural model of price is established and the “Regressive Segmentation (RS)” method is applied to detect the changing points without prior knowledge of the structural changes. Our study shows that the changing points indicated by the RS method are consistent with the timing of the policy changes.

KeywordPrivate Housing Market Structural Change Simultaneous Equation Model
DOI10.4236/jfrm.2012.12002
Language英語English
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Document TypeJournal article
CollectionFaculty of Business Administration
DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Affiliation1.Division of Economics, Nanyang Technological University, Singapore City, Singapore
2.Faculty of Business Administration, University of Macau, Macau, China
Recommended Citation
GB/T 7714
Weihong Huang,Yang Zhang. Structural Change Modeling of Singapore Private Housing Price in Simultaneous Equation Model[J]. Journal of Financial Risk Management, 2012, 1(2), 7-14.
APA Weihong Huang., & Yang Zhang (2012). Structural Change Modeling of Singapore Private Housing Price in Simultaneous Equation Model. Journal of Financial Risk Management, 1(2), 7-14.
MLA Weihong Huang,et al."Structural Change Modeling of Singapore Private Housing Price in Simultaneous Equation Model".Journal of Financial Risk Management 1.2(2012):7-14.
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