Rethinking Housing Bubbles

Steven D. Gjerstad

11 ratings by Goodreads

Language: English

Published by Cambridge University Press, 2014

0521198097 / 9780521198097

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith analyze the role of housing and its associated mortgage financing as a key element of economic cycles. The authors combine data from both laboratory and real markets to provide insight into the bubble propensity of real-world economic actors and use novel historical analysis on the Great Recession, the Great Depression, and all of the post-World War II recessions to establish the critical roles of housing, private-capital investment, and household and private institutional balance sheets in economic cycles. They develop a model that incorporates household balance sheets and bank balance sheets and offers insights based on this analysis concerning policy going forward, effectively changing the way economists think about economic cycles.

Seller Inventory # 9780521198097

Title
Rethinking Housing Bubbles
Author
Steven D. Gjerstad
Publisher
Cambridge University Press
Publication year
2014
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0521198097
ISBN 13
9780521198097
Item weight
605 grams
Dimensions
235x157x23 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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