 | Assessing House Prices in Canada Author/Editor: Michal Andrle, Miroslav Plašil. Release Date:November, 2019 This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house more...
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| Assessing House Prices with Prudential and Valuation Measures Author/Editor: Michal Andrle, Miroslav Plašil. Release Date:March, 2019 In this paper we provide tools for assessing the house prices and housing valuation. We develop two approaches: (i) borrowing capacity approach, and (ii) intrinsic value approach. The borrowing more...
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| System Priors for Econometric Time Series Author/Editor: Michal Andrle, Miroslav Plašil. Release Date:November, 2016 The paper introduces “system priors”, their use in Bayesian analysis of econometric time series, and provides a simple and illustrative application. System priors were devised by Andrle and Benes more...
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