How Long to Read An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR
By Mr.Pau Rabanal
How Long Does it Take to Read An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR?
It takes the average reader and 25 minutes to read An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR by Mr.Pau Rabanal
Assuming a reading speed of 250 words per minute. Learn more
Description
During the last decade, Hong Kong SAR has experienced a large increase in house prices and credit, prompting the authorities to respond with several rounds of tightening macroprudential rules and increasing stamp duty taxes. This paper provides a Dynamic Stochastic General Equilibrium (DSGE) model for Hong Kong SAR and analyzes the effectiveness of these measures, and finds that they have helped reduce house price appreciation and household leverage. A baseline small open economy real business cycle model is extended by including a housing sector, financial frictions, foreign demand for the domestic housing stock, and is estimated using Bayesian methods and data for Hong Kong SAR between 1996 and 2017. The paper finds that, without these policies, house prices would have been 10.5 percent higher, and the household credit-GDP ratio 14 percent higher.
How long is An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR?
An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR by Mr.Pau Rabanal is 25 pages long, and a total of 6,375 words.
This makes it 8% the length of the average book. It also has 8% more words than the average book.
How Long Does it Take to Read An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR aloud.
What Reading Level is An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR?
An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Where Can I Buy An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR?
An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR by Mr.Pau Rabanal is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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