14-157/II - Identifying Booms and Busts in House Prices under Heterogeneous Expectations

• Authors
  Wilko Bolt, De Nederlandsche Bank, the Netherlands; Maria Demertzis, De Nederlandsche Bank, the Netherlands, European Commission; Cees Diks, University of Amsterdam, the Netherlands; Cars Hommes, University of Amsterdam, the Netherlands; Marco van der Leij, University of Amsterdam, the Netherlands
• Publication date
  December 22, 2014

• Keywords
  housing prices, heterogenous agents model, bounded rationality, bubbles
• JEL
  C53, R21, R31