Testing for bubbles in housing markets : new results using a new method

José Eduardo Gómez-González; Jair Neftali Ojeda-Joya; Catalina Rey Guerra; Natalia Sicard

Borradores de Economia

Number:

753

Published:

Tuesday, 1 January 2013

Classification JEL:

C22, G12, R31

Keywords:

Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

Download document

The most recent

Impact of demographic change on CO₂ emissions: the role of consumption

Jhorland Ayala-García, Jaime Alfredo Bonet-Moron, Eduardo A. Haddad, Inácio F. Araújo

Remittances, growth and regional economic convergence: evidence from Colombian departments

Clark Granger, Jhorland Ayala-García, Fabio Montenegro Aparicio

Adaptation to Broken Mitigation: Social and Economic Impacts of Solar Mini-Grid Electrification in Colombian Island

Hans-Erik Edsand, Andrés Aleán-Romero, Jhorland Ayala-García, Tania Jiménez Castilla, Sandra C. Valencia

In the context of financial crises influenced by the development and burst of housing price bubbles, the detection of exuberant behaviors in the financial market and the implementation of early warning diagnosis tests are of vital importance. This paper a