McDonald, John; Stokes, Houston - In: The Journal of Real Estate Finance and Economics 46 (2013) 3, pp. 437-451
The causes of the housing bubble are investigated using Granger causality analysis and VAR modeling methods. The study employs the S&P/Case-Shiller aggregate 10 city monthly housing price index, available in the period 1987–2010/8, the 20 city monthly housing price index for 2000–2010/8, and...