Caliman, Tiziana; Di Bella, Enrico - In: Economia Internazionale / International Economics 64 (2011) 1, pp. 37-65
Recently housing markets have played a crucial role in macroeconomic developments. Optimistic housing markets have contributed to sustained economic activity in most OECD countries during the first years of the 2000s. Nevertheless many markets overheated and the collapse of the US subprime...
