Search Results - subject:"Price bubbles"

Housing affordability in Germany and its dynamics

Balz, Felix Florian - In: Prague economic papers : a bimonthly journal of … 34 (2025) 1, pp. 78-97

The study examines housing affordability in Germany from 2017 to 2023 in light of rising real estate prices and challenges in the housing market. It uses the Housing Affordability Index to identify trends and patterns and propose policy measures to tackle the problems. The results show regional...

Persistent link: https://www.econbiz.de/10015413424

The role of geopolitical and climate risk in driving uncertainty in European electricity markets

Cincinelli, Peter; Pellini, Elisabetta - 2025

Persistent link: https://www.econbiz.de/10015191552

Tackling the volatility paradox: spillover persistence and systemic risk

Kubitza, Christian - 2024

Financial losses can have persistent effects on the financial sy stem. This paper proposes an empirical measure for the duration of these effects, S pillover P ersistence. I d ocument that Spillover Persistence is strongly correlated with financial c onditions; d uring b anking crises, Spillover...

Persistent link: https://www.econbiz.de/10015199543

Preise am Wohnungsmarkt stabilisieren sich: Nachfrage hoch, Angebot weiter zu knapp

Kholodilin, Konstantin; Rieth, Malte - In: DIW Wochenbericht 91 (2024) 51/52, pp. 847-856

Der Immobilienmarkt in Deutschland hat sich wieder stabilisiert. Es entweicht noch Luft aus der nun seit einem Jahrzehnt währenden spekulativen Preisblase. Die Immobilienpreise sind im Laufe des Jahres 2024 in allen Segmenten und den meisten Regionen weiter gefallen: In über 150 Städten waren...

Persistent link: https://www.econbiz.de/10015330037

Nonlinear price transmission and asynchronous price bubbles: Empirical evidence from China's agricultural futures and spot markets

Mao, Qianqian; Ren, Yanjun; Loy, Jens-Peter - In: Journal of Applied Economics 27 (2024) 1, pp. 1-27

Previous studies on commodity price bubbles mainly focused on futures markets and ignored the performance of spot … spot markets, and finds asynchronous price bubbles between these two markets. Bubbles are more frequent for commodity spot … caused more spot price bubbles. The nonlinear transmission effects between the futures and spot prices suggest the existence …

Persistent link: https://www.econbiz.de/10015334083

Martingale defects in the volatility surface and bubble conditions in the underlying

Stahl, Philip; Blauth, Jérôme - In: Review of Derivatives Research 27 (2024) 1, pp. 85-111

The martingale theory of bubbles enables testing for asset price bubbles by analyzing option prices. As recently shown … by Piiroinen et al. (Asset price bubbles: an option-based indicator, 2018), the SABR model is a strict local martingale … theoretical result and analyze stock price bubbles in 2576 stocks over 26 years. Martingale defect conditions are absorbed quickly …

Persistent link: https://www.econbiz.de/10015373221