Browsing ECO Working Papers by Subject "House prices"

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Browsing ECO Working Papers by Subject "House prices"

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    Title: Self-fulfilling Beliefs and Bounded Bubbles in the U.S. Housing Market  Author(s): KASHIWAGI, Masanori Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper provides an equilibrium framework to organize the following empirical observations on the U.S. housing market from 1975 to 2007: (i) housing tenure and vacancies were approximately constant, (ii) rents were ...