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Consumer risk appetite, the credit cycle, and the housing bubble

Breeden, Joseph L.; Canals-Cerdá, José J. - 2016

Persistent link: https://www.econbiz.de/10011449437

Consumption-based asset pricing, part 1: classic theory and tests, measurement issues, and limited participation

Breeden, Douglas T.; Litzenberger, Robert H.; Jia, Tingyan - In: Annual review of financial economics 7 (2015), pp. 35-83

Persistent link: https://www.econbiz.de/10011567485

The real estate and credit bubble : evidence from Spain

Akin, Ozlem; García Montalvo, José; García Villar, Jaume - In: SERIEs : Journal of the Spanish Economic Association 5 (2014) 2/3, pp. 223-243

We analyze the determinants of real estate and credit bubbles using a unique borrower-lender matched dataset on … appraisal prices (29 %), to meet loan-to-value regulatory thresholds (40 % of mortgages are just bunched on these limits), thus …

Persistent link: https://www.econbiz.de/10010422334

Mortgage risk premiums during the housing bubble

Levitin, Adam J.; Lin, Desen; Wachter, Susan M. - In: The journal of real estate finance and economics 60 (2020) 4, pp. 421-468

Persistent link: https://www.econbiz.de/10012226691

The market structure of securitisation and the US housing bubble

Wachter, Susan M. - In: National Institute economic review (2014) 230, pp. 34-44

Persistent link: https://www.econbiz.de/10010518905

Testing for Asset Price Bubbles : An Invariance Theorem

Jarrow, Robert A. - 2019

This paper provides an invariance theorem that facilitates testing for the existence of an asset price bubble in a market where the price evolves as a Markov diffusion process. The test involves only the properties of the price process' quadratic variation under the statistical probability. It...

Persistent link: https://www.econbiz.de/10012891135