Location of Repository

Bubbles in Real Estate Markets by

By Richard Herring and Susan WachterRichard Herring and Susan WachterRichard Herring and Susan Wachter

Abstract

Real estate bubbles may occur without banking crises. And banking crises may occur without real estate bubbles. But the two phenomena are correlated in a remarkable number of instances. The consequences for the real economy depend on the role of banks in the country’s financial system. In the US, where banks hold only about 22 % of tota

Year: 2002
OAI identifier: oai:CiteSeerX.psu:10.1.1.199.5765
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.whartonrealestate.o... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.