97 citations · 149 across the 3 of their papers we have counts for
4 papers
Club Convergence of House Prices: Evidence from China's Ten Key Cities
Hao Meng, Wen-Jie Xie, Wei-Xing Zhou
The latest global financial tsunami and its follow-up global economic recession has uncovered the crucial impact of housing markets on financial and economic systems. The Chinese s…
Symmetric thermal optimal path and time-dependent lead-lag relationship: Novel statistical tests and application to UK and US real-estate and monetary policies
Hao Meng, Hai-Chuan Xu, Wei-Xing Zhou +1
We present the symmetric thermal optimal path (TOPS) method to determine the time-dependent lead-lag relationship between two stochastic time series. This novel version of the prev…
Systemic risk and spatiotemporal dynamics of the US housing market
Hao Meng, Wen-Jie Xie, Zhi-Qiang Jiang +3
Housing markets play a crucial role in economies and the collapse of a real-estate bubble usually destabilizes the financial system and causes economic recessions. We investigate t…
Effects of long memory in the order submission process on the properties of recurrence intervals of large price fluctuations
Hao Meng, Fei Ren, Gao-Feng Gu +4
Understanding the statistical properties of recurrence intervals of extreme events is crucial to risk assessment and management of complex systems. The probability distributions an…