Heterogeneous expectations and housing market
This thesis studies the boom-bust housing price dynamics under heterogeneous expectations. I mainly focus on three key questions: (1) Why some housing prices form an exponential pattern and others follow a linear trend? (2) How to provide an explanation not only for the formation but also for the su...
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| Format: | Thesis |
| Language: | English |
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2017
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| Online Access: | http://hdl.handle.net/10356/72318 |