In this paper the authors set out to date-stamp periods of US housing price explosivity for the period 1830–2013. They make use of several robust techniques that allow them to identify such periods by determining when prices start to exhibit explosivity with respect to its past behaviour and...

In this paper, the authors set out to date-stamp periods of US housing price explosivity for the period 1830-2013. They make use of several robust techniques that allow them to identify such periods by determining when prices start to exhibit explosivity with respect to its past behaviour and...

Portfolio and index construction efforts are most often focused on holding many instruments and controlling single asset concentration, leaving investors with a false sense of security that these portfolios are well diversified. But having one’s proverbial eggs in different baskets is not the...