ARE HOME PRICES THE NEXT BUBBLE

By J. Mccarthy, Richard W. Peach. 2004

158 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d4c92fb65500b7d4ae8e3e87ec348cd79df77b33

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Citations in the corpus

• Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions (2005, unknown): “The decline in this ratio during most of the 1990s reveals that the growth in real house prices nationally was outpaced by the high growth in incomes (McCarthy and Peach, 2004).”
• "Housing and the monetary transmission mechanism," Finance and Economics Discussion Series Working Paper: a speech at the Federal Reserve Bank of Kansas City's Economic Symposium, Jackson Hole, Wyoming, September 1, 2007 (2007, unknown): “16 For example, see Shiller (2005); McCarthy and Peach (2004); and Himmelberg, Mayer, and Sinai (2005). which occurred at the same time, was far more severe.17 Indeed, the consensus in the literature on the Nordic banking crises is that commercial lending collateralized by commercial real estate…”
• Real Estate Prices and Bank Stability (2010, unknown): “, 2007), the importance of accounting for deviations of house prices from fundamentals rather than solely focusing on price level developments in regional markets (Calomiris and Mason, 2003; McCarthy and Peach, 2004; Ayuso and Restoy, 2006), and absence of bank-level evidence on distress conditional”
• Bubble, Bubble, Where's the Housing Bubble? (2006, background): “Comps tell us how much others have paid for homes recently, but not whether these prices are justified by the cash flow.”
• The price and quantity of residential land in the United States (2004, unknown): “7 McCarthy and Peach (2004) and others have argued the OFHEO price indexes are biased.”
• A Spatio-Temporal Model of House Prices in the US (2010, unknown): “Because of the role housing wealth plays in household behaviour, fears have been expressed that there is a bubble in house prices, with prices moving well away from their fundamental drivers (Case and Shiller, 2003, McCarthy and Peach, 2004).”
• Recent House Price Developments (2006, background): “United Kingdom Meen (2002) ECM, 1969Q31996Q1 –1.”
• Subprime Lending and Real Estate Prices (2011, unknown): “Other studies of the fundamental real estate values include Case and Shiller (2003), Krainer and Wei (2004), Krugman (2005), Leamer (2002), McCarthy and Peach (2004), Shiller (2005), Edelstein (2005) and Edelstein, Dokko, Lacayo, and Lee (1999).”