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来源类型Working Paper
规范类型报告
DOI10.3386/w22354
来源IDWorking Paper 22354
Housing and Macroeconomics
Monika Piazzesi; Martin Schneider
发表日期2016-06-20
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Macroeconomics ; Money and Interest Rates ; Financial Economics ; Portfolio Selection and Asset Pricing ; Regional and Urban Economics ; Real Estate
URLhttps://www.nber.org/papers/w22354
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580028
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GB/T 7714
Monika Piazzesi,Martin Schneider. Housing and Macroeconomics. 2016.
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