Dreger, Christian; Kholodilin, Konstantin A. - Institut für Weltwirtschaft (IfW) - 2012
In this paper, the authors construct country-specific chronologies of house price bubbles for 12 OECD countries over the period 1969:Q1-2009:Q4. These chronologies are obtained using a combination of fundamental and filter approaches. The resulting speculative bubble chronology is the one...