This paper employs econometric tests of rational bubbles to identify housing bubbles, especially during the COVID-19 … pandemic. It then examines monetary policy impacts on housing bubbles through a hierarchical Bayesian framework. The S …

closely and has certain other advantages. Second, we introduce a volatility index that provides a lower bound on the market …

In this paper, the authors construct country-specific chronologies of the house price bubbles for 12 OECD countries … price bubbles than the signalling approach. Furthermore, the predictive accuracy of the logit and probit models is high … enough to make them useful in forecasting future speculative bubbles in housing market. Thus, this method can be used by the …