Carbon Taxes: Their Macroeconomic Effects and Prospects for Global Adoption: A Survey of the Literature
In: IMF Working Paper, S. 1-39
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In: IMF Working Paper, S. 1-39
SSRN
In: Desarrollo y sociedad, Heft 43, S. 132-171
ISSN: 1900-7760, 0120-3584
In: Journal of Property Investment & Finance, Band 17, Heft 1, S. 35-60
This paper looks into the dynamics of private housing prices in Singapore from the first quarter of 1985 to the fourth quarter of 1995. Employing the cointegration analysis, the paper shows that overall private housing price is cointegrated with real gross domestic product, prime lending rate and private housing starts. An error‐correction mechanism is also incorporated in the estimation of changes in the overall private housing price to account for the short‐run deviations from the equilibrium relationship among these variables.