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El Suelo Urbano y la Composición de la Riqueza

Author

Listed:
  • Gonzalo Edwards

    (Instituto de Economía)

  • Jaime Hurtubia
  • Gert Wagner

    (Instituto de Economía)

Abstract

This paper examines the evolution of urban land prices in Santiago during the last decade. Rates of return and variability measures are compared with those of other assets using a CAPM framework. Results show low and statistically not significant beta val

Suggested Citation

  • Gonzalo Edwards & Jaime Hurtubia & Gert Wagner, 1995. "El Suelo Urbano y la Composición de la Riqueza," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 32(96), pages 151-164.
    • Handle: RePEc:ioe:cuadec:v:32:y:1995:i:96:p:151-164
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    References listed on IDEAS

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    1. Bhatia, Kul B., 1979. "Corporate taxation, retained earnings, and capital formation," Journal of Public Economics, Elsevier, vol. 11(1), pages 123-134, February.
    2. Douglas Stone & William T. Ziemba, 1993. "Land and Stock Prices in Japan," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 149-165, Summer.
    3. Feldstein, Martin S., 1973. "Tax incentives, corporate saving, and capital accumulation in the United States," Journal of Public Economics, Elsevier, vol. 2(2), pages 159-171, April.
    4. Gonzalo Edwards & Jaime Hurtubia & Gert Wagner, "undated". "El Suelo Urbano y el Mercado de Activos," Documentos de Trabajo 177, Instituto de Economia. Pontificia Universidad Católica de Chile..
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