House Price Booms and the Current Account

By Klaus Adam, Pei Kuang, Albert Marcet. NBER macroeconomics annual, 2012

192 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/56f65aad92a514db8b2c45ff11c7fc1cadd42f86

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. J. D. Giovanni

In Economics and Econometrics

1. Luís A. V. Catão
2. Rudolfs Bems
3. Luca A Ricci
4. J. D. Giovanni
5. Robert C. Johnson

In Finance

1. Luís A. V. Catão
2. Luca A Ricci
3. J. D. Giovanni

Citations in the corpus

• The External Balance Assessment (EBA) Methodology (2013, background): “Housing booms were found to be relevant, among others, by Adam, Kuang, and Marcet (2011) and Aizenman and Jinjarak (2009).”
• International Capital Flows and House Prices: Theory and Evidence (2012, unknown): “The period was also marked by a sustained depression of long-term interest rates that coincided with a vast in ‡ow of capital into U.S. safe bond markets.”
• Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Economies (2015, unknown): “Using data for advanced economies, Laibson and Mollerstrom (2010), Favilukis, Kohn, Ludvigson, and Nieuwerburgh (2012), Adam, Kuang, and Marcet (2012) and Ferrero (2014) provide evidence of a robust association between real house price appreciations and a widening of the current account deficit.”
• House price dynamics: Fundamentals and expectations (2015, unknown): “For example, see Adam et al. (2011) for an open economy asset pricing model, Burnside et al. (2015) for a matching model.”