Meng, Hao; Xie, Wen-Jie; Jiang, Zhi-Qiang; Podobnik, Boris - arXiv.org - 2013
Housing markets play a crucial role in economies and the collapse of a real-estate bubble usually destabilizes the financial system and causes economic recessions. We investigate the systemic risk and spatiotemporal dynamics of the US housing market (1975-2011) at the state level based on the...