Speculative Dynamics of Prices and Volume
收藏NBER2017-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23449
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资源简介：
Using data on 50 million home sales from the last U.S. housing cycle, we document that much of the variation in volume came from the rise and fall in speculation. Cities with larger speculative booms have larger price booms, sharper increases in unsold listings as the market turns, and more severe
提供机构：
美国国家经济研究局
创建时间：
2017-05-01
