Idiosyncratic Risk in Housing Markets
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DOI: 10.1093/rfs/hhab033
Abstract: Most US households invest a substantial fraction of their wealth in an individual asset: their family home. This paper studies the empirical properties of idiosyncratic house price risk using a novel micro-dataset of house sales… read more here.
Keywords: housing markets; risk housing; risk; house ... See more keywords
Research on China’s Risk of Housing Price Contagion Based on Multilayer Networks
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DOI: 10.3390/e24091305
Abstract: The major issue in the evolution of housing prices is risk of housing price contagion. To model this issue, we constructed housing multilayer networks using transfer entropy, generalized variance decomposition, directed minimum spanning trees, and… read more here.
Keywords: housing; risk housing; housing price; multilayer networks ... See more keywords