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How quickly will American businesses reopen after COVID-19 lockdowns end? We use a nationwide survey of small businesses to measure firms' expectations about their re-opening and future demand. A plurality of firms in our sample expect to reopen within days of the end of legal restrictions, but...
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excess longer-term volatility relative to fundamentals. Valuing a house involves forecasting the current and future demand to … live in the surrounding area. Buyers forecast using past transaction prices. Approximating buyers do not adjust for the …
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Housing markets experience substantial price volatility, short term price change momentum and mean reversion of prices …
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excess longer-term volatility relative to fundamentals. Valuing a house involves forecasting the current and future demand to … live in the surrounding area. Buyers forecast using past transaction prices. Approximating buyers do not adjust for the …
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excess longer-term volatility relative to fundamentals. Valuing a house involves forecasting the current and future demand to … live in the surrounding area. Buyers forecast using past transaction prices. Approximating buyers do not adjust for the …
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