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Hogan, Seamus D.; Johnson, Marianne F.; Laflèche, Thérèse - 2001

Persistent link: https://www.econbiz.de/10001555173

Heterogeneous beliefs and housing-market boom-bust cycles in a small open economy

Tomura, Hajime - 2009

This paper introduces heterogeneous beliefs among households in a small open economy model for the Canadian economy. The model suggests that simultaneous boom-bust cycles in house prices, output, investment, consumption and hours worked emerge when credit-constrained mortgage borrowers expect...

Persistent link: https://www.econbiz.de/10003852849

Price stability, inflation targets, and monetary policy : proceedings of a conference held by the Bank of Canada May 1997

1998

Persistent link: https://www.econbiz.de/10000977295

An empirical analysis of stock and bond market liquidity

Chordia, Tarun (contributor); Sarkar, Asani (contributor); … - 2003 - [Elektronische Ressource]

This paper explores liquidity movements in stock and Treasury bond markets over a period of more than 1800 trading days …. Cross-market dynamics in liquidity are documented by estimating a vector autoregressive model for liquidity (that is, bid … in one market affects the spreads in both markets, and that return volatility is an important driver of liquidity …

Persistent link: https://www.econbiz.de/10001752003