boom and bust housing price cycles, as repeatedly observed in many actual markets. However, we also find that speculation …

investigate the speculative behaviors and mortgage bubbles, and finally concludes some interesting results: The necessary …

‘bubbles’ the spatial pattern of house prices, which can mainly be attributed to accessibility differences, usually remains …

, volatility, and spikes. While price trends are important in the long term, volatility and spikes are more important in the short … volatility. An assessment of the costs of price volatility has shown that the existing literature follows a conventional marginal …. Measuring and estimating the cost of food price volatility should factor in ongoing processes such as economic growth and …

volatility, and that a rational bubble proxy is a significant driver of prices. However, neither latent information nor rational …

conventional unit root tests in modified forms can be used to construct early warning indicators for bubbles in financial markets … 1871, they are able to signal most of the consensus bubbles, defined as stock market booms for example by the IMF, and they … bubbles from the data. Finally, these early warning indicators are applied to data for several housing markets. In most of the …

es jedoch keine Anzeichen für eine spekulative Blase am deutschen Immobilienmarkt. Die Preise folgen vielmehr den Mieten …