G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11519
DP11519 Housing and macroeconomics
Martin Schneider; Monika Piazzesi
发表日期2016-09-20
出版年2016
语种英语
摘要This paper surveys the literature on housing in macroeconomics. We first collect facts on house prices and quantities in both the time series and the cross section of households and housing markets. We then present a theoretical model of frictional housing markets with heterogeneous agents that nests or provides background for many studies. Finally, we describe quantitative results obtained during the last 15 years on household behavior, business cycle dynamics and asset pricing, as well as boom bust episodes.
主题Financial Economics ; Monetary Economics and Fluctuations
URLhttps://cepr.org/publications/dp11519
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540333
推荐引用方式
GB/T 7714
Martin Schneider,Monika Piazzesi. DP11519 Housing and macroeconomics. 2016.
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