A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2018; you can also visit the original URL.
The file type is
Most of existing researches about the linkage between stock market and real estate market are concentrated in long-term cointegration and short-term causality, though few of literatures related to the Spillover Effects between two markets, they just spilt market to study volatility spillover effect by using unitary GARCH model, which easily resulted in market information loss. This paper, by constructing VAR/VEC model and VAR-MVGARCH-BEKK model based on cointegration theory and Grangerfatcat:jy3epr5twvgf5itamb43kzfhha