Chris Brooks Real Estate Modelling and Forecasting 1 ppt

Chris Brooks Real Estate Modelling and Forecasting_1 ppt

... hypothesis in favour of 17 0 Real Estate Modelling and Forecasting 25 20 15 10 (Regression residuals) 5 19 84 19 86 19 88 19 90 19 92 19 94 19 96 19 98 2000 2002 2004 2006 0 −5 10 15 Figure 6 .10 Regression residuals ... = 1. 1 2007M 01 1. 7 0.2 ( 1. 7 −0.2) = 1. 9 2007M02 2.3 1. 7 (2.3 − 1. 7) = 4.0 2007M03 0 .1 2.3 (0 .1 − 2.3) =−2.2 2007M04 0.0 0 .1 (0. 0 −0...

Ngày tải lên: 21/06/2014, 09:20

Real Estate Modelling and Forecasting Hardcover_14 pptx

... in Cointegration in real estate markets 411 11 5 Actual Forecast 11 4 11 3 11 2 11 1 11 0 10 9 10 8 10 7 Jan. 07 Feb. 07 Mar. 07 Apr. 07 May. 07 Jun. 07 Jul. 07 Figure 12 .12 Ex post VECM predictions 12 .10 The Johansen ... by y t−k = ⎛ ⎜ ⎜ ⎝ α 11 α 12 α 13 α 14 ⎞ ⎟ ⎟ ⎠  β 11 β 12 β 13 β 14  ⎛ ⎜ ⎜ ⎝ y 1 y 2 y 3 y 4 ⎞ ⎟ ⎟ ⎠ t−k (12 .72) Equation (12 .72) c...

Ngày tải lên: 20/06/2014, 20:20