English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 111314/142224 (78%)
Visitors : 48357305      Online Users : 1041
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version
    政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 >  Item 140.119/129176


    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/129176


    Title: 從行為經濟學看台灣不動產市場：羅伯特席勒教授來台演講之省思與啟示
    Examining the Taiwanese Real Estate Market from Behavioral Economics: Reflections and Implications from Professor Robert J. Shiller`s Speech in Taiwan
    Authors: 陳明吉
    Chen, Ming-Chi
    朱芳妮
    Chu, Fang-Ni
    Contributors: 財管系
    Keywords: 不動產市場;非理性繁榮;行為經濟學
     real estate market ; irrational exuberance ; behavioral economics
    Date: 2018-12
    Issue Date: 2020-03-27 15:34:00 (UTC+8)
    Abstract: 台灣不動產市場發展已難單從傳統經濟學假設人類理性思考來出發解釋。去年(2017)受邀 來台主講亞洲及世界華人不動產學會聯合學術研討會的2013年諾貝爾經濟學獎的羅伯特．席 勒(Robert J. Shiller)教授，以對資產訂價研究的卓越貢獻而得獎，對於歐美及亞洲主要國家的 長期不動產市場趨勢有深入的分析，他對於不動產市場研究的貢獻不僅是提出Case-Shiller房價 指數及週期調整本益比(Shiller’s CAPE Ratio)供市場投資者衡量美國住宅價值變動情形及評估 權益證券投資風險，其過去數本經典著作的核心論述，更可從行為經濟學觀點解釋在基本面 因素以外，不動產市場是如何受到擁有資訊者的操弄、消費者對價格的預期以及人類基於本 能所採取的行動之影響。本文從席勒教授近期與不動產市場相關的著作與論述，探討台灣不 動產市場近年榮景下的隱憂與課題，期能從中獲得啟示。
    The development of Taiwan`s real estate market has been difficult to explain from the assumption of human rational thinking in traditional economics. Professor Robert J. Shiller, who received the 2013 Nobel Prize in Economics for his outstanding contributions to the asset pricing research, conducted an in-depth analysis of long-term housing market trends in major countries in Europe, Asia, and the United States. His contribution to the housing market researches is not only to present the Case-Shiller Housing Price Index and the Shiller Cyclically Adjusted Price-to-Earnings Ratio (CAPE Ratio) for market investors to measure the changes in the value of housing in the United States and to evaluate the risks of equity investments, but also explain how the housing market is influenced by the manipulation of participants who hold the information, the consumer`s price expectation, and the action taken by human beings based on their instincts beyond the fundamentals from the perspectives of behavioral economics. This paper discusses the issues and concerns of the real estate market in Taiwan in recent years from Professor Shiller`s recent books and articles. We hope to obtain implications from these discussions.
    Relation: 住宅學報, Vol.27, No.2, pp.111-128
    Data Type: article
    Appears in Collections:[財務管理學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    110.pdf1438KbAdobe PDF2309View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback