Hong Kong’s housing market witnessed a dramatic housing price appreciation in recent years, with the price index for private domestic housing units being three times higher than ten years ago. This trend is supported by both internal and external factors, as illustrated in this paper. By developing a theoretical model and an empirical analysis on the key variables influencing housing prices u…
Includes bibliographies, index and tables
Includes bibliographies, index and tables
The goal of our study is to examine the impact of natural disasters on the South Pacifi Stock Exchange. We use daily time-series data for Fiji?s stock market for the period 2000-2019. Our empirical framework is based on three factor regression models, namely the market model, the Fama and French three-factor model, and the Fama and French five-factor model. We find evidence that natural disaste…