Time-varying connectedness between global economic policy uncertainty and regional real estate markets: evidence from TVP-VAR extended joint connectedness approach
Abstract:Purpose
The real estate markets may be significantly influenced by the uncertainty in global economic policy. This paper aims to evaluate the time-varying connectedness between global economic policy uncertainty and regional real estate markets to understand how regional real estate markets and uncertainty in global economic policy are related throughout time.
Design/methodology/approach
The current study includes the monthly data from April 2007 to August 2022 of major regions (i.e. Asia Pacific, Europe, Af… Show more
“…The paper “ Time-varying connectedness between global economic policy uncertainty and regional real estate markets: evidence from TVP-VAR extended joint connectedness approach ” by Zou et al (2023) probes into a vital aspect of global economics and real estate. As the title implies, this paper identifies how uncertainty concerning global economic policy affects the real estate markets of different regions.…”
“…The paper “ Time-varying connectedness between global economic policy uncertainty and regional real estate markets: evidence from TVP-VAR extended joint connectedness approach ” by Zou et al (2023) probes into a vital aspect of global economics and real estate. As the title implies, this paper identifies how uncertainty concerning global economic policy affects the real estate markets of different regions.…”
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