House Price Booms and the Current Account
收藏NBER2011-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17224
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资源简介：
A simple open economy asset pricing model can account for the house price and current account dynamics in the G7 over the years 2001-2008. The model features rational households, but assumes that households entertain subjective beliefs about price behavior and update these using Bayes' rule. The
提供机构：
美国国家经济研究局
创建时间：
2011-07-01
