Price Expectations and the U.S. Housing Boom /

Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be difficult to explain the large price increase by observable fundamentals, many observers have emphasized the role of speculation, id est expectations about future price developments. The argu...

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Détails bibliographiques
Auteur principal: Towbin, Pascal
Autres auteurs: Weber, Sebastian
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2015.
Collection:IMF Working Papers; Working Paper ; No. 2015/182
Accès en ligne:Full text available on IMF