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...

Полное описание

Библиографические подробности
Главный автор: Towbin, Pascal
Другие авторы: Weber, Sebastian
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/182
Online-ссылка:Full text available on IMF