An analysis to detect exuberance and implosion in regional house prices in Turkey
Sign Up to like & getrecommendations! Published in 2019 at "Central Bank Review"
DOI: 10.1016/j.cbrev.2019.06.002
Abstract: Abstract The aim of this paper is to find out whether there is exuberance in regional house prices in Turkey. For this purpose, we analyze real hedonic house prices and price to rent ratios countrywide… read more here.
Keywords: prices turkey; house prices; exuberance; regional house ... See more keywords
Rational exuberance booms
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DOI: 10.1016/j.red.2019.07.002
Abstract: Abstract I provide a theory of information production and learning that can help account for both the excessive optimism that fueled booms preceding crises and the slow recoveries that followed. In my theory, persistence and… read more here.
Keywords: exuberance; exuberance booms; rational exuberance; information production ... See more keywords