past trends) and/or financial innovation can be seen as a cause for housing price bubbles in industrialized countries. From … emergence or absence of bubbles, yet these regulations might not be appropriately covered by standard quantitative indicators …Die Arbeit untersucht, inwieweit eine lockere Geldpolitik (definiert als Abweichung von gängigen geldpolitischen Regeln …

We combine both a mathematical analysis of financial bubbles and a statistical procedure for determining when a given … of financial bubbles. We find that it follows a generalized gamma distribution, and we provide estimates for its … parameters. We also perform goodness of fit tests, and we provide a derivation, within the context of bubbles, that explains why …