Speculative Bubbles in U.K. House Prices: Some New Evidence.
In this article, we test the view, widely held among both academics and practitioners, that speculative bubbles have characterized the time series behavior of U.K. house prices in recent times. We motivate our empirical analysis using a stylized overlapping-generations model which generates a housin...
| Publicado en: | Southern Economic Journal Vol. 70; no. 4; pp. 777 - 796 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
April 2004
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |