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Author = Afshari, Zahra

Number of Articles: 1
Determinants of the Probability of Boom-Bust Cycles in the Housing Market

Zahra Afshari; Maryam Hemati

Volume 18, Issue 55 , July 2013, , Pages 17-46

Abstract
  In this study, we first identify boom and bust cycles in house real prices, defined as major and persistent deviations from long-term trends, and then analyze  the factors affecting the cycles. To identify the cycles, we follow the dating approach known as triangular methodology initially proposed ...  Read More