A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price … between asset price bubbles and financial crises. I evaluate the key studies with the respect to the following questions. To … what extent do the empirical relations in the existing literature help to identify asset price bubbles ex-ante or ex …

, the housing price bubble, its subsequent collapse and the financial crisis were not predicted either by the market, the …

, higher price impact and increased volatility. In particular, as large hidden orders fail to attract (latent) liquidity to the …

Understanding the evolution of real-time beliefs about house price appreciation is central to understanding the U ….S. housing crisis. At the peak of the recent housing cycle, both borrowers and lenders appealed to optimistic house price … theoretical and empirical evidence that pointed to a massive overvaluation of housing and thus to an inevitable and severe price …

Immobilien- und Finanzmärkten untersucht und anhand der Finanzmarktkrisen in Japan Anfang der 1990er Jahre und in den USA in den …

Business District) will save on commuting costs and on travel time. Resulting in a high price of housing close to the CBD, and … a decrease in price further away. Students renting an apartment adjacent to an academic institution (a Studentified …-Studentified. We analyze the price of apartments sold in the period 2005- 2011 and the price of rental units in the period 2011 …