Yu Qing. / Thesis submitted in: November 2000. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2001. / Includes bibliographical references (leaves 65-68). / Abstracts in English and Chinese. / Acknowledgements --- p.i / Abstract --- p.ii / 摘要 --- p.iii / Table of Contents --- p.iv / List of Tables --- p.vi / List of Figures --- p.vi / Chapter Chapter 1 --- Introduction --- p.1 / Chapter Chapter 2 --- Literature Review --- p.4 / Chapter 2.1 --- Theoretical Model --- p.4 / Chapter 2.2 --- Empirical Investigation --- p.9 / Chapter 2.2.1 --- Choice of The Functional Form --- p.9 / Chapter 2.2.2 --- Choice of Variables --- p.13 / Chapter 2.2.3 --- Estimation of Supply and Demand Functions --- p.16 / Chapter 2.2.4 --- Test of Heteroskedasticity --- p.17 / Chapter 2.2.5 --- Test of Multicollinearity --- p.18 / Chapter 2.2.6 --- Application of The Hedonic Price Model to Developing Countries --- p.20 / Chapter 2.3 --- Concluding Remarks --- p.21 / Chapter Chapter 3 --- Introduction of The Housing Market in Guang Zhou --- p.23 / Chapter 3.1 --- Development and Current Situation --- p.23 / Chapter 3.2 --- Some Caveats --- p.26 / Chapter Chapter 4 --- Empirical Results --- p.30 / Chapter 4.1 --- The Data --- p.30 / Chapter 4.1.1 --- Dependent Variable --- p.34 / Chapter 4.1.2 --- Locational Variables --- p.34 / Chapter 4.1.3 --- Structural Variables --- p.35 / Chapter 4.1.4 --- Neighbourhood Variables --- p.37 / Chapter 4.2 --- The Results --- p.38 / Chapter 4.2.1 --- Regression Results and Possible Interpretation --- p.40 / Chapter 4.2.2 --- Test of Multicollinearity --- p.48 / Chapter 4.2.3 --- Test of Heteroscedasticity --- p.50 / Chapter 4.2.4 --- Test of Alternative Functional Forms --- p.55 / Chapter 4.3 --- Possible Sources of Estimation Bias --- p.57 / Chapter 4.4 --- Concluding Remarks --- p.59 / Chapter Chapter 5 --- Conclusion --- p.61 / References --- p.65

Li, Kun. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2009. / Includes bibliographical references (leaves 52-54). / Abstract also in Chinese. / Chapter 1 --- Introduction --- p.1 / Chapter 1.1 --- Stylized Facts --- p.3 / Chapter 1.2 --- Literature Review --- p.5 / Chapter 1.3 --- Model Framework --- p.8 / Chapter 2 --- The Model --- p.10 / Chapter 2.1 --- The Basic Setting --- p.10 / Chapter 2.2 --- Basic Assumptions of the Model --- p.14 / Chapter 2.3 --- The Bargaining Process --- p.15 / Chapter 2.4 --- The Determination of Ratios --- p.17 / Chapter 2.4.1 --- The Rent-Price Ratio --- p.17 / Chapter 2.5 --- Empirical Evidence --- p.17 / Chapter 2.5.1 --- Data Sources --- p.18 / Chapter 2.5.2 --- Estimation Strategy --- p.19 / Chapter 2.5.3 --- Estimation Results and Discussions --- p.20 / Chapter 3 --- The Model in the Long Run --- p.23 / Chapter 3.1 --- Assumptions --- p.23 / Chapter 3.2 --- Population Dynamics of the Model --- p.24 / Chapter 3.3 --- Comparative Statics --- p.25 / Chapter 3.4 --- Simulation Results in the Long Run --- p.28 / Chapter 3.4.1 --- Housing Market Parameters Variation --- p.28 / Chapter 3.4.2 --- Rental Market Parameters Variation --- p.31 / Chapter 3.5 --- Discussion --- p.34 / Chapter 4 --- The Model in the Short Run --- p.35 / Chapter 4.1 --- Assumptions in the Short Run --- p.35 / Chapter 4.2 --- Short-run Dynamics --- p.36 / Chapter 4.3 --- Simulation Results in the Short Run --- p.37 / Chapter 4.4 --- Discussions --- p.41 / Chapter 5 --- The Dynamics of the Model --- p.42 / Chapter 5.1 --- Dynamic Population and Bellman Equations --- p.42 / Chapter 5.2 --- Transition Path in the Dynamics --- p.43 / Chapter 5.2.1 --- Temporary Shocks and Impulse Responses --- p.43 / Chapter 5.2.2 --- The Transition Path for Permanent Shocks --- p.45 / Chapter 6 --- Further Research Directions --- p.47 / Chapter 6.1 --- Tenure Choice in the Model --- p.47 / Chapter 6.2 --- Market Accessability --- p.48 / Chapter 6.3 --- The ´ةMismatch´ة Approach --- p.49 / Chapter 7 --- Conclusion --- p.50 / Bibliography --- p.52 / Chapter A --- Simulation on Long-run Equilibrium --- p.55 / Chapter B --- Simulation on Short-run Equilibrium --- p.60 / Chapter C --- Transition Paths on Permanent Shock --- p.66 / Chapter D --- Impulse Responses --- p.72

Leong Chan Fai. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2002. / Includes bibliographical references (leaves 100-105). / Abstracts in English and Chinese. / Abstract --- p.i-ii / Acknowledgements --- p.iii / Table of Contents --- p.iv / List of Tables --- p.v / List of Figures --- p.vi / Chapter Section 1 --- Introduction --- p.1 / Chapter Section 2 --- Literature Review --- p.5 / Chapter Section 3 --- Data Description --- p.13 / Chapter 3.1 --- Transaction Prices --- p.13 / Chapter 3.2 --- Macroeconomic Variables --- p.15 / Chapter Section 4 --- Methodology --- p.19 / Chapter 4.1 --- Hedonic Pricing --- p.21 / Chapter 4.2 --- Measurements --- p.22 / Chapter 4.3 --- Stationarity --- p.24 / Chapter 4.4 --- Vector Autoregressive Model and Granger Causality --- p.27 / Chapter Section 5 --- Hypothesis Testing --- p.31 / Chapter Section 6 --- Empirical Results --- p.35 / Chapter 6.1 --- Hedonic Pricing Models --- p.35 / Chapter 6.2 --- Real Housing Price Dispersion Indicators and Macro Variables --- p.36 / Chapter 6.3 --- Stationary Tests --- p.37 / Chapter 6.4 --- Results from the Ordinary Least Square Regressions --- p.37 / Chapter 6.5 --- Results from the Vector Auto Regressive Models --- p.40 / Summary and Conclusion --- p.46 / Appendix 1 Tables --- p.49 / Appendix 2 Figures --- p.80 / Reference --- p.100

Cheng Wing Yan. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2002. / Includes bibliographical references (leaves 115-122). / Abstracts in English and Chinese. / Abstract --- p.i-ii / Acknowledgements --- p.iii / Table of Contents --- p.iv / List of Tables --- p.v / List of Figures --- p.vi-vii / List of Charts --- p.viii / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Literature Review --- p.4 / Chapter Chapter 3. --- Methodology --- p.8 / Chapter Chapter 4. --- Data Description --- p.18 / Chapter Chapter 5. --- Empirical Results --- p.29 / Chapter 5.1 --- Simple Regression Results --- p.29 / Chapter 5.2 --- Structural Break Test Results --- p.31 / Chapter 5.3 --- Regression Results for Housing Attributes' Coefficients on Macroeconomic Variables --- p.32 / Chapter Chapter 6. --- Conclusion --- p.34 / Appendix 1. Limitation --- p.35 / Appendix 2. Tables --- p.37 / Appendix 3. Figures --- p.77 / Appendix 4. Charts --- p.107 / Appendix 5. Regression Results for Housing Attributes from Literature --- p.113 / Bibliography --- p.115

published_or_final_version / Real Estate and Construction / Doctoral / Doctor of Philosophy

Tam Chun Yu. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2002. / Includes bibliographical references (leaves 141-147). / Abstracts in English and Chinese. / Abstract --- p.I / Acknowledgements --- p.III / Table of Contents --- p.IV / List of Tables --- p.V / List of Figures --- p.VI / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Literature Review --- p.5 / Chapter 2.1 --- Real Estate Literature --- p.5 / Chapter 2.2 --- Financial Literature --- p.6 / Chapter 2.3 --- Impulse Response --- p.10 / Chapter Chapter 3. --- Methodology --- p.12 / Chapter 3.1 --- Augmented Dickey Fuller Test --- p.12 / Chapter 3.2 --- GARCH Model --- p.14 / Chapter 3.3 --- VAR Model --- p.16 / Chapter Chapter 4. --- Data Description --- p.18 / Chapter Chapter 5. --- Empirical Results --- p.20 / Chapter 5.1 --- Overview for the Data Set --- p.21 / Chapter 5.2 --- ADF Test --- p.22 / Chapter 5.3 --- GARCH Model --- p.22 / Chapter 5.4 --- VAR Model --- p.24 / Chapter 5.5 --- Impulse Response (IR) --- p.34 / Chapter Chapter 6. --- Conclusion --- p.38 / Appendix 1. Variable Definition --- p.41 / Appendix 2. Tables --- p.44 / Appendix 3. Figures --- p.61 / Appendix 4. Comparison of IR for different model in full sample case --- p.93 / Appendix 5. Comparison of IR for different model in first sub period --- p.109 / Appendix 6. Comparison of IR for different model in second sub period --- p.125 / Bibliography --- p.141