Housing Bubbles: A Survey

By C. Mayer. 2011

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Manufacturing Decline, Housing Booms, and Non-Employment (2013, methodology): “Figures 1a and 1b use data from the Current Population Survey (CPS) to plot the share among all persons, whether working or not, of men and women aged 21-55 (henceforth, “prime-aged”) without a four year college degree (henceforth, “non-college”) working in manufacturing and in construction.”
Episodes of Exuberance in Housing Markets: In Search of the Smoking Gun (2016, background): “A widely used explanation for the presence of boom and bust episodes is the existence of housing bubbles (see, e.g., Case and Shiller (2003); Mayer (2011); Shiller (2015)).”
Speculative dynamics of prices and volume (2017, background): “Large real estate cycles are not unique to the U.S. ( Mayer, 2011 ) or to this time period ( Case, 2008; Glaeser, 2013 ).”