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We invite submissions to the 2nd Annual PhD Conference on Real Estate and Housing, which takes place on May 17 – 18, 2018, in Columbus, OH. The purpose of the conference is to provide a platform for d...
Learning about the Neighborbood: A Model of Housing Cycles
A Model of Housing Cycles Neighborbood
2014/3/18
This paper develops a tractable model to analyze information aggregation and
learning in housing markets. In the presence of informational frictions, households face a realistic problem in learning a...
Endogenous Formation and Collapse Of Housing Bubbles
Endogenous Formation Collapse Of Housing Bubbles
2014/8/8
This paper develops an analytical framework and an agent-based spatial model of the housing market. We show that lenient nancing, in particular, low down payment requirement has caused business cycle...
We consider the effects of land for housing on the growth process within an overlapping generations model.Our original interest was to enquire whether the introduction of land into a growth model migh...