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Morris Davis

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Morris A. Davis & Jonas D. M. Fisher & Toni M. Whited, 2010. "Macroeconomic implications of agglomeration," Working Paper Series WP-2010-02, Federal Reserve Bank of Chicago.

    Mentioned in:

    1. Macroeconomic implications of agglomeration
      by Christian Zimmermann in NEP-DGE blog on 2010-02-22 07:36:12

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Morris A. Davis & Andra C. Ghent & Jesse M. Gregory, 2021. "The Work-from-Home Technology Boon and its Consequences," NBER Working Papers 28461, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Long-term consequences

Working papers

  1. Morris A. Davis & Jesse Gregory & Daniel Hartley, 2023. "Preferences over the Racial Composition of Neighborhoods: Estimates and Implications," Working Paper Series WP 2023-23, Federal Reserve Bank of Chicago.

    Cited by:

    1. Luca Merlino & Max Steinhardt & Liam Wren-Lewis, 2022. "The long run impact of childhood interracial contact on residential segregation," Working Papers hal-03748720, HAL.
    2. Bishop, Kelly C. & Dowling, Jakob & Kuminoff, Nicolai V. & Murphy, Alvin D., 2025. "Tax policy and the heterogeneous costs of homeownership," Journal of Urban Economics, Elsevier, vol. 147(C).
    3. Cody Cook & Pearl Z. Li & Ariel J. Binder, 2023. "Where to Build Affordable Housing? Evaluating the Tradeoffs of Location," Working Papers 23-62, Center for Economic Studies, U.S. Census Bureau.

  2. Morris A. Davis & Andra C. Ghent & Jesse M. Gregory, 2021. "The Work-from-Home Technology Boon and its Consequences," NBER Working Papers 28461, National Bureau of Economic Research, Inc.

    Cited by:

    1. Daiji Kawaguchi & Sagiri Kitao & Manabu Nose, 2022. "The impact of COVID-19 on Japanese firms: mobility and resilience via remote work," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(6), pages 1419-1449, December.
    2. van Vuuren, Aico, 2022. "Is There a Diminishing Value of Urban Amenities as a Result of the COVID-19 Pandemic?," IZA Discussion Papers 15025, Institute of Labor Economics (IZA).
    3. Ferdinando Monte & Charly Porcher & Esteban Rossi-Hansberg, 2023. "Remote Work and City Structure," Working Papers 2023-016, Human Capital and Economic Opportunity Working Group.
    4. Bergeaud, Antonin & Eyméoud, Jean Benoît & Garcia, Thomas & Henricot, Dorian, 2023. "Working from home and corporate real estate," LSE Research Online Documents on Economics 118482, London School of Economics and Political Science, LSE Library.
    5. Liu, Sitian & Su, Yichen, 2022. "The Effect of Working from Home on the Agglomeration Economies of Cities: Evidence from Advertised Wages," MPRA Paper 114429, University Library of Munich, Germany.
    6. Duranton, Gilles & Handbury, Jessie, 2023. "Covid and Cities, Thus Far," CEPR Discussion Papers 18102, C.E.P.R. Discussion Papers.
    7. Althoff, Lukas & Eckert, Fabian & Ganapati, Sharat & Walsh, Conor, 2022. "The Geography of Remote Work," Regional Science and Urban Economics, Elsevier, vol. 93(C).
    8. Barbour, Natalia & Abdel-Aty, Mohamed & Sevim, Alican, 2024. "Intended work from home frequency after the COVID-19 pandemic and the role of socio-demographic, psychological, disability, and work-related factors," Transportation Research Part A: Policy and Practice, Elsevier, vol. 179(C).
    9. Kunal Dasgupta & Srinivasan Murali, 2024. "Pandemic containment and inequality in a developing economy," Economic Inquiry, Western Economic Association International, vol. 62(2), pages 837-864, April.
    10. William D. Larson & Christos Makridis & Chad Redmer, 2021. "Borrower Expectations and Mortgage Performance: Evidence from the COVID-19 Pandemic," FHFA Staff Working Papers 21-02, Federal Housing Finance Agency.
    11. van Vuuren, Aico, 2023. "Is there a diminishing willingness to pay for consumption amenities as a result of the Covid-19 pandemic?," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    12. Steven Bond-Smith & Philip McCann, 2022. "The work-from-home revolution and the performance of cities," Working Papers 2022-6, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    13. Alexander Bick & Adam Blandin & Karel Mertens, 2020. "Work from Home Before and After the COVID-19 Outbreak," Working Papers 2017, Federal Reserve Bank of Dallas, revised 25 Feb 2021.
    14. Sitian Liu & Yichen Su, 2020. "The Impact of the COVID-19 Pandemic on the Demand for Density: Evidence from the U.S. Housing Market," Working Papers 2024, Federal Reserve Bank of Dallas, revised 23 Oct 2020.
    15. Jean-Victor Alipour & Oliver Falck & Simone Schüller, 2020. "Germany's Capacity to Work from Home," CESifo Working Paper Series 8227, CESifo.
    16. Schulz, Rainer & Watson, Verity & Wersing, Martin, 2023. "Teleworking and housing demand," Regional Science and Urban Economics, Elsevier, vol. 101(C).
    17. Kristian Behrens & Sergey Kichko & Jacques-Francois Thisse & Sergei Kichko, 2021. "Working from Home: Too Much of a Good Thing?," CESifo Working Paper Series 8831, CESifo.
    18. John Mondragon & Johannes F. Wieland, 2022. "Housing Demand and Remote Work," Working Paper Series 2022-11, Federal Reserve Bank of San Francisco.
    19. William Gamber & James Graham & Anirudh Yadav, 2021. "Stuck at home: Housing demand during the COVID- 19 pandemic," CAMA Working Papers 2021-97, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    20. Daniel Broxterman & Tingyu Zhou, 2023. "Correction to: Information Frictions in Real Estate Markets: Recent Evidence and Issues," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 299-299, February.
    21. Jose Maria Barrero & Nicholas Bloom & Kathryn Bonney & Cory L. Breaux & Cathy Buffington & Steven J. Davis & Lucia S. Foster & Brian McKenzie & Keith Savage & Cristina Tello-Trillo, 2025. "Tapping Business and Household Surveys to Sharpen Our View of Work from Home," NBER Working Papers 33951, National Bureau of Economic Research, Inc.
    22. Ketter, Laura & Morris, Todd & Yu, Lizi, 2025. "A New Equilibrium: COVID-19 Lockdowns and WFH Persistence," IZA Discussion Papers 17975, Institute of Labor Economics (IZA).
    23. Gokan, Toshitaka & Kichko, Sergei & Matheson, Jesse A. & Thisse, Jacques-François, 2024. "How the rise of teleworking will reshape labor markets and cities," LIDAM Discussion Papers CORE 2024010, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    24. Rémy Le Boennec, 2023. "The impact of working from home arrangements on urban sprawl when the firms pay for the "home office"," Post-Print hal-04095748, HAL.
    25. Saura, Jose Ramon & Ribeiro-Soriano, Domingo & Zegarra Saldaña, Pablo, 2022. "Exploring the challenges of remote work on Twitter users' sentiments: From digital technology development to a post-pandemic era," Journal of Business Research, Elsevier, vol. 142(C), pages 242-254.

  3. Morris Davis & Daniel Hartley & Jesse Gregory, 2019. "The Long-Run Effects of Low-Income Housing on Neighborhood Composition," 2019 Meeting Papers 70, Society for Economic Dynamics.

    Cited by:

    1. Aliprantis, Dionissi & Martin, Hal & Tauber, Kristen, 2024. "What determines the success of housing mobility programs?," Journal of Housing Economics, Elsevier, vol. 65(C).
    2. Eric Chyn & Lawrence F. Katz, 2021. "Neighborhoods Matter: Assessing the Evidence for Place Effects," NBER Working Papers 28953, National Bureau of Economic Research, Inc.
    3. Jipeng Zhang & Lue Zhan & Chong Lu, 2020. "The long-run effects of poverty alleviation resettlement on child development: Evidence from a quasi-experiment in China," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 43(10), pages 245-284.

  4. Will Larson & Jessica Shui & Stephen D. Oliner & Morris A. Davis, 2019. "The price of residential land for counties, ZIP codes, and census tracts in the United States," AEI Economics Working Papers 1005118, American Enterprise Institute.

    Cited by:

    1. McQuinn, Kieran, 2024. "Residential land prices for the Irish property market: An initial examination," Papers WP778, Economic and Social Research Institute (ESRI).
    2. Gabriel S. Lee & Stefanie Braun, 2021. "Agglomeration Spillover Effects in German Land and House Prices at the City and County Levels," Working Papers 207, Bavarian Graduate Program in Economics (BGPE).
    3. Larson, William D. & Shui, Jessica, 2022. "Land valuation using public records and kriging: Implications for land versus property taxation in cities," Journal of Housing Economics, Elsevier, vol. 58(PA).
    4. Joseph Gyourko & Jacob Krimmel, 2021. "The Impact of Local Residential Land Use Restrictions on Land Values Across and Within Single Family Housing Markets," NBER Working Papers 28993, National Bureau of Economic Research, Inc.
    5. Scott Wentland & Gary Cornwall & Jeremy G. Moulton, 2023. "For What It's Worth: Measuring Land Value in the Era of Big Data and Machine Learning," BEA Papers 0115, Bureau of Economic Analysis.
    6. Robert W. Wassmer, 2021. "Do Higher Land Costs for New Single-Family Housing Inhibit Economic Activity in U.S. Metropolitan Areas?," Economic Development Quarterly, , vol. 35(4), pages 325-337, November.
    7. Gabriel S. Lee & Stefanie Braun, 2020. "The Prices of Residential Land in German Counties," Working Papers 194, Bavarian Graduate Program in Economics (BGPE).
    8. Daniel Garcia & Raven S. Molloy, 2023. "Can Measurement Error Explain Slow Productivity Growth in Construction?," Finance and Economics Discussion Series 2023-052, Board of Governors of the Federal Reserve System (U.S.).
    9. Bishop, Kelly C. & Dowling, Jakob & Kuminoff, Nicolai V. & Murphy, Alvin D., 2025. "Tax policy and the heterogeneous costs of homeownership," Journal of Urban Economics, Elsevier, vol. 147(C).
    10. John M. Clapp & Jeffrey P. Cohen & Thies Lindenthal, 2023. "Are Estimates of Rapid Growth in Urban Land Values an Artifact of the Land Residual Model?," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 373-421, February.
    11. Miroslav Gabrovski & Victor Ortego-Marti, 2022. "Home Construction Financing and Search Frictions in the Housing Market," Working Papers 202217, University of California at Riverside, Department of Economics.
    12. Murphy, Daniel, 2024. "Housing cycles and gentrification," Journal of Monetary Economics, Elsevier, vol. 144(C).
    13. Bourassa, Steven C. & Hoesli, Martin, 2022. "Hedonic, residual, and matching methods for residential land valuation," Journal of Housing Economics, Elsevier, vol. 58(PA).
    14. Teulings, Coen & Lange, Rutger-Jan, 2021. "The option value of vacant land: Don't build when demand for housing is booming," CEPR Discussion Papers 16023, C.E.P.R. Discussion Papers.
    15. Harris, Nathaniel, 2024. "Measuring aggregate land values using individual city land value gradients," Regional Science and Urban Economics, Elsevier, vol. 106(C).
    16. Marc Francke & Lyndsey Rolheiser & Alex Minne, 2025. "Estimating Census Tract House Price Indexes: A New Spatial Dynamic Factor Approach," The Journal of Real Estate Finance and Economics, Springer, vol. 70(3), pages 483-514, April.
    17. William D. Larson & Justin Contat, 2021. "Transaction Composition and House Price Index Measurement: Evidence from a Repeat-Sales Aggregation Index," FHFA Staff Working Papers 21-01, Federal Housing Finance Agency.
    18. Lange, Rutger-Jan & Teulings, Coen N., 2024. "Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming," Journal of Economic Theory, Elsevier, vol. 215(C).
    19. J. Scott Davis & Kevin X. D. Huang & Ayse Sapci, 2020. "Land Price Dynamics and Macroeconomic Fluctuations with Imperfect Substitution in Real Estate Markets," Globalization Institute Working Papers 401, Federal Reserve Bank of Dallas, revised 18 May 2021.
    20. Atsushi Yamagishi & Yasuhiro Sato, 2022. "Measuring Discrimination in Spatial Equilibrium: 100 Years of Japan's Invisible Race," CIRJE F-Series CIRJE-F-1188, CIRJE, Faculty of Economics, University of Tokyo.
    21. Larson, William & Yezer, Anthony & Zhao, Weihua, 2022. "Urban planning policies and the cost of living in large cities," Regional Science and Urban Economics, Elsevier, vol. 96(C).
    22. Desen Lin, 2024. "From vacancy to verdancy? The impact of land options on the timing of vacant lot investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 52(5), pages 1263-1307, September.
    23. Clapp, John M. & Lindenthal, Thies, 2022. "Urban land valuation with bundled good and land residual assumptions," Journal of Housing Economics, Elsevier, vol. 58(PA).
    24. Henderson, J. Vernon & Thisse, Jacques-François, 2024. "Urban and spatial economics after 50 years," LSE Research Online Documents on Economics 125675, London School of Economics and Political Science, LSE Library.
    25. Erez Buda & Dani Broitman & Daniel Czamanski, 2021. "Urban Structure in Troubled Times: The Evolution of Principal and Secondary Core/Periphery Gaps through the Prism of Residential Land Values," Sustainability, MDPI, vol. 13(10), pages 1-12, May.
    26. Dick Oosthuizen, 2023. "Institutional Housing Investors and the Great Recession," Working Papers 23-22, Federal Reserve Bank of Philadelphia.
    27. Eriksen, Michael D. & Orlando, Anthony W., 2024. "A cost decomposition of break-even rents for new multifamily housing development," Journal of Housing Economics, Elsevier, vol. 66(C).
    28. Camilo Andrés Acosta Mejía, 2021. "The Incidence of Land Use Regulations," Documentos de Trabajo de Valor Público 19223, Universidad EAFIT.
    29. Nathaniel Harris & Chuanhao Lin, 2024. "Planning Regulations: Two Tests to Determine if We Have Confused the Cure With the Disease," Working Papers 2024-02, The George Washington University, Institute for International Economic Policy.
    30. Titman, Sheridan & Zhu, Guozhong, 2024. "City characteristics, land prices and volatility," Journal of Urban Economics, Elsevier, vol. 140(C).
    31. Erez Buda & Dani Broitman & Daniel Czamanski, 2023. "Land value dynamics and the spatial evolution of cities following COVID 19 using big data analytics," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(2), pages 429-445, April.

  5. Morris A. Davis & Jesse Gregory & Daniel A. Hartley & Kegon T. K. Tan, 2019. "Neighborhood Effects and Housing Vouchers," Working Papers 2019-084, Human Capital and Economic Opportunity Working Group.

    Cited by:

    1. Ning Zhang, 2022. "In-kind housing transfers and labor supply: a structural approach," Economics Series Working Papers 992, University of Oxford, Department of Economics.
    2. Bratu, Cristina & Harjunen, Oskari & Saarimaa, Tuukka, 2023. "JUE Insight: City-wide effects of new housing supply: Evidence from moving chains," Journal of Urban Economics, Elsevier, vol. 133(C).
    3. Aliprantis, Dionissi & Martin, Hal & Tauber, Kristen, 2024. "What determines the success of housing mobility programs?," Journal of Housing Economics, Elsevier, vol. 65(C).
    4. Aliprantis, Dionissi & Martin, Hal & Phillips, David, 2022. "Landlords and access to opportunity," Journal of Urban Economics, Elsevier, vol. 129(C).
    5. Essi Eerola & Teemu Lyytikäinen & Tuukka Saarimaa & Tuuli Vanhapelto, 2024. "The Incidence of Rent Subsidies: Evidence on Rents, Housing Choices and Supply," CESifo Working Paper Series 11478, CESifo.
    6. Christian A. L. Hilber & Olivier Schoni, 2022. "Housing policy and affordable housing," CEP Occasional Papers 56, Centre for Economic Performance, LSE.
    7. Rossi-Hansberg, Esteban & Bilal, Adrien, 2018. "Location as an Asset," CEPR Discussion Papers 13063, C.E.P.R. Discussion Papers.
    8. Guillaume Chapelle & Laurent Gobillon & Benjamin Vignolles, 2025. "Building without income mixing: Public housing quotas in France," SciencePo Working papers Main halshs-05039367, HAL.
    9. Bishop, Kelly C. & Kiribrahim-Sarikaya, Ozgen, 2024. "Energy-efficient investments in housing," Regional Science and Urban Economics, Elsevier, vol. 107(C).
    10. Daniel Aaronson & Jacob Faber & Daniel Hartley & Bhashkar Mazumder & Patrick Sharkey, 2020. "The Long-Run Effects of the 1930s HOLC “Redlining” Maps on Place-Based Measures of Economic Opportunity and Socioeconomic Success," Working Paper Series WP-2020-33, Federal Reserve Bank of Chicago.
    11. Nathan Deutscher & Bhashkar Mazumder, 2021. "Measuring Intergenerational Income Mobility: A Synthesis of Approaches," Working Paper Series WP-2021-09, Federal Reserve Bank of Chicago.
    12. Christa Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott Nelson & Wilbert van der Klaauw & Jialan Wang, 2025. "Consumer Credit Reporting Data," Journal of Economic Literature, American Economic Association, vol. 63(2), pages 598-636, June.
    13. Staab, Manuel, 2019. "The Formation of Social Groups under Status Concern," MPRA Paper 97114, University Library of Munich, Germany.
    14. Funk, Bryana & Amer, Saud A. & Ward, Frank A., 2023. "Sustainable aquifer management for food security," Agricultural Water Management, Elsevier, vol. 281(C).
    15. Bratu, Cristina & Harjunen, Oskari & Saarimaa, Tuukka, 2021. "City-wide effects of new housing supply: Evidence from moving chains," Working Papers 146, VATT Institute for Economic Research.

  6. Edward J. Pinto & Stephen D. Oliner & Morris A. Davis & Tobias Peter, 2018. "The impact of federal housing policy on housing demand and homeownership: Evidence from a quasi-experiment," AEI Economics Working Papers 968223, American Enterprise Institute.

    Cited by:

    1. Lang, Jan Hannes & Menno, Dominik, 2023. "The state-dependent impact of changes in bank capital requirements," Discussion Papers 19/2023, Deutsche Bundesbank.
    2. Adelino, Manuel & Schoar, Antoinette & Severino, Felipe, 2025. "Credit supply and house prices: Evidence from mortgage market segmentation," Journal of Financial Economics, Elsevier, vol. 163(C).
    3. Bäckman, Claes & Lutz, Chandler, 2025. "Mortgage innovation and house price booms," Journal of Urban Economics, Elsevier, vol. 145(C).
    4. Bronson Argyle & Taylor Nadauld & Christopher Palmer & Ryan Pratt, 2021. "The Capitalization of Consumer Financing into Durable Goods Prices," Journal of Finance, American Finance Association, vol. 76(1), pages 169-210, February.
    5. Damen, Sven & Schildermans, Stef, 2022. "Capital requirements, mortgage rates and house prices," Journal of Banking & Finance, Elsevier, vol. 143(C).
    6. Laufer, Steven & Tzur-Ilan, Nitzan, 2021. "The effect of LTV-based risk weights on house prices: Evidence from an Israeli macroprudential policy," Journal of Urban Economics, Elsevier, vol. 124(C).
    7. Jane K. Dokko, 2018. "Housing affordability: recommendations for new research to guide policy," Economic Policy Review, Federal Reserve Bank of New York, issue 24-3, pages 138-144.

  7. Morris A. Davis & Jesse Gregory & Daniel Hartley & Kegon T. K. Tan, 2017. "Neighborhood Choices, Neighborhood Effects and Housing Vouchers," Working Paper Series WP-2017-2, Federal Reserve Bank of Chicago.

    Cited by:

    1. Peter Bergman & Raj Chetty & Stefanie DeLuca & Nathaniel Hendren & Lawrence F. Katz & Christopher Palmer, 2019. "Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice," NBER Working Papers 26164, National Bureau of Economic Research, Inc.
    2. Rossi-Hansberg, Esteban & Bilal, Adrien, 2018. "Location as an Asset," CEPR Discussion Papers 13063, C.E.P.R. Discussion Papers.
    3. Steven N. Durlauf & Ananth Seshadri, 2017. "Understanding the Great Gatsby Curve," NBER Chapters, in: NBER Macroeconomics Annual 2017, volume 32, pages 333-393, National Bureau of Economic Research, Inc.
    4. David Albouy & Gabriel Ehrlich & Yingyi Liu, 2016. "Housing Demand, Cost-of-Living Inequality, and the Affordability Crisis," NBER Working Papers 22816, National Bureau of Economic Research, Inc.
    5. Jee W. Hwang & Chun Kuang & Okmyung Bin, 2019. "Are all Homeowners Willing to Pay for Better Schools? ─ Evidence from a Finite Mixture Model Approach," The Journal of Real Estate Finance and Economics, Springer, vol. 58(4), pages 638-655, May.

  8. Edward J. Pinto & Stephen D. Oliner & Morris A. Davis & Sankar Bokka, 2016. "Residential land values in the Washington, DC metro area: New insights from big data," AEI Economics Working Papers 872547, American Enterprise Institute.

    Cited by:

    1. McQuinn, Kieran, 2024. "Residential land prices for the Irish property market: An initial examination," Papers WP778, Economic and Social Research Institute (ESRI).
    2. Gabriel S. Lee & Stefanie Braun, 2021. "Agglomeration Spillover Effects in German Land and House Prices at the City and County Levels," Working Papers 207, Bavarian Graduate Program in Economics (BGPE).
    3. Larson, William D. & Shui, Jessica, 2022. "Land valuation using public records and kriging: Implications for land versus property taxation in cities," Journal of Housing Economics, Elsevier, vol. 58(PA).
    4. Davis, Morris A. & Larson, William D. & Oliner, Stephen D. & Shui, Jessica, 2021. "The price of residential land for counties, ZIP codes, and census tracts in the United States," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 413-431.
    5. Scott Wentland & Gary Cornwall & Jeremy G. Moulton, 2023. "For What It's Worth: Measuring Land Value in the Era of Big Data and Machine Learning," BEA Papers 0115, Bureau of Economic Analysis.
    6. Kenneth G. Stewart, 2022. "How important are land values in house price growth? Evidence from Canadian cities," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(1), pages 249-271, February.
    7. Oliner, Stephen D. & Peter, Tobias J. & Pinto, Edward J., 2020. "The Wealth Building Home Loan," Regional Science and Urban Economics, Elsevier, vol. 80(C).
    8. Leon Stirk-Wang & Paul Thorsnes, 2017. "Geographic variation in intra-city house price appreciation over the boom-bust cycle: evidence from Auckland, NZ," Working Papers 1714, University of Otago, Department of Economics, revised Dec 2017.
    9. Albouy, David & Shin, Minchul, 2022. "A statistical learning approach to land valuation: Optimizing the use of external information," Journal of Housing Economics, Elsevier, vol. 58(PA).
    10. Gabriel S. Lee & Stefanie Braun, 2020. "The Prices of Residential Land in German Counties," Working Papers 194, Bavarian Graduate Program in Economics (BGPE).
    11. John M. Clapp & Jeffrey P. Cohen & Thies Lindenthal, 2023. "Are Estimates of Rapid Growth in Urban Land Values an Artifact of the Land Residual Model?," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 373-421, February.
    12. Rawan Shabbar & Anemone Kasasbeh & Mohamed M. Ahmed, 2021. "Charging Station Allocation for Electric Vehicle Network Using Stochastic Modeling and Grey Wolf Optimization," Sustainability, MDPI, vol. 13(6), pages 1-20, March.
    13. Bourassa, Steven C. & Hoesli, Martin, 2022. "Hedonic, residual, and matching methods for residential land valuation," Journal of Housing Economics, Elsevier, vol. 58(PA).
    14. Kumhof, Michael & Tideman, Nicolaus & Hudson, Michael & Goodhart, Charles A., 2022. "Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land," VfS Annual Conference 2022 (Basel): Big Data in Economics 264042, Verein für Socialpolitik / German Economic Association.
    15. Gedal, Michael & Ellen, Ingrid Gould, 2018. "Valuing urban land: Comparing the use of teardown and vacant land sales," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 190-203.
    16. J. Scott Davis & Kevin X. D. Huang & Ayse Sapci, 2020. "Land Price Dynamics and Macroeconomic Fluctuations with Imperfect Substitution in Real Estate Markets," Globalization Institute Working Papers 401, Federal Reserve Bank of Dallas, revised 18 May 2021.
    17. Desen Lin, 2024. "From vacancy to verdancy? The impact of land options on the timing of vacant lot investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 52(5), pages 1263-1307, September.
    18. Can Li & Yu Meng & Yingkui Li & Jingfeng Ge & Chaoran Zhao, 2019. "Inter-Metropolitan Land-Price Characteristics and Patterns in the Beijing-Tianjin-Hebei Urban Agglomeration in China," Sustainability, MDPI, vol. 11(17), pages 1-29, August.
    19. Rolheiser, Lyndsey & van Dijk, Dorinth & van de Minne, Alex, 2020. "Housing vintage and price dynamics," Regional Science and Urban Economics, Elsevier, vol. 84(C).
    20. Clapp, John M. & Lindenthal, Thies, 2022. "Urban land valuation with bundled good and land residual assumptions," Journal of Housing Economics, Elsevier, vol. 58(PA).
    21. Alexander N. Bogin & William M. Doerner & William D. Larson, 2016. "Local House Price Dynamics: New Indices and Stylized Facts," FHFA Staff Working Papers 16-01, Federal Housing Finance Agency.
    22. Yi Huang & Geoffrey Hewings, 2021. "More Reliable Land Price Index: Is There a Slope Effect?," Land, MDPI, vol. 10(3), pages 1-24, March.
    23. Indaco, Agustín, 2019. "From Twitter to GDP: Estimating Economic Activity From Social Media," MPRA Paper 95885, University Library of Munich, Germany.
    24. Liu, Crocker H. & Nowak, Adam & Rosenthal, Stuart S., 2016. "Housing price bubbles, new supply, and within-city dynamics," Journal of Urban Economics, Elsevier, vol. 96(C), pages 55-72.
    25. Wentland, Scott A. & Ancona, Zachary H. & Bagstad, Kenneth J. & Boyd, James & Hass, Julie L. & Gindelsky, Marina & Moulton, Jeremy G., 2020. "Accounting for land in the United States: Integrating physical land cover, land use, and monetary valuation," Ecosystem Services, Elsevier, vol. 46(C).

  9. Erwan Quintin & Morris Davis, 2014. "Default When House Prices are Uncertain," 2014 Meeting Papers 246, Society for Economic Dynamics.

    Cited by:

    1. Johannes Strobel & Binh Nguyen Thanh & Gabriel Lee, 2020. "Effects of Macroeconomic Uncertainty and Labor Demand Shocks on the Housing Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(2), pages 345-372, June.
    2. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.

  10. Morris A. Davis & Stijn Van Nieuwerburgh, 2014. "Housing, Finance and the Macroeconomy," NBER Working Papers 20287, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hull, Isaiah, 2015. "What Broke First? Characterizing Sources of Structural Change Prior to the Great Recession," Working Paper Series 301, Sveriges Riksbank (Central Bank of Sweden).
    2. Zhimin Li & Leslie Sheng Shen & Calvin Zhang, 2020. "Capital Flows, Asset Prices, and the Real Economy: A "China Shock" in the U.S. Real Estate Market," International Finance Discussion Papers 1286, Board of Governors of the Federal Reserve System (U.S.).
    3. Lise Clain-Chamosset-Yvrard & Xavier Raurich & Thomas Seegmuller, 2022. "Rational housing demand bubble," AMSE Working Papers 2213, Aix-Marseille School of Economics, France.
    4. Kim, Jiseob & Wang, Yicheng, 2018. "Macroeconomic and distributional effects of mortgage guarantee programs for the poor," Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 124-151.
    5. Grevenbrock, Nils & Ludwig, Alexander & Siassi, Nawid, 2023. "Homeownership Rates, Housing Policies, and Co-Residence Decisions," CEPR Discussion Papers 18305, C.E.P.R. Discussion Papers.
    6. Andrew Demers & Andrea L. Eisfeldt, 2022. "Total returns to single‐family rentals," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(1), pages 7-32, March.
    7. William N Goetzmann & Christophe Spaenjers & Stijn Van Nieuwerburgh, 2021. "Real and Private-Value Assets [Gendered prices]," The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3497-3526.
    8. Schneider, Martin & Piazzesi, Monika, 2016. "Housing and macroeconomics," CEPR Discussion Papers 11519, C.E.P.R. Discussion Papers.
    9. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    10. Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018. "Macro Aspects of Housing," Globalization Institute Working Papers 340, Federal Reserve Bank of Dallas.
    11. Paolo Sodini & Stijn Van Nieuwerburgh & Roine Vestman & Ulf von Lilienfeld-Toal, 2023. "Identifying the Benefits from Homeownership: A Swedish Experiment," American Economic Review, American Economic Association, vol. 113(12), pages 3173-3212, December.
    12. Yanke Dai & Yangfei Xu, 2022. "Cheating under Regulation: Evidence from “Yin-and-Yang” Contracts on Beijing’s Housing Market," Sustainability, MDPI, vol. 14(20), pages 1-29, October.
    13. Tim Landvoigt & Stijn Van Nieuwerburgh & Vadim Elenev, 2015. "Phasing out the GSEs," 2015 Meeting Papers 977, Society for Economic Dynamics.
    14. Stephen Malpezzi, 2021. "Housing “Affordability” and Responses During Times of Stress: A Brief Global Review," GRU Working Paper Series GRU_2021_011, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    15. Stijn Van Nieuwerburgh & Jack Favilukis, 2017. "Out-of-town Home Buyers and City Welfare," 2017 Meeting Papers 486, Society for Economic Dynamics.
    16. Kelly, Robert & McCann, Fergal & O'Toole, Conor, 2015. "Credit conditions, macroprudential policy and house prices," Research Technical Papers 06/RT/15, Central Bank of Ireland.
    17. Pedro Gete, 2015. "Housing demands, savings gluts and current account dynamics," Globalization Institute Working Papers 221, Federal Reserve Bank of Dallas.
    18. Van Nieuwerburgh, Stijn & Favilukis, Jack & ,, 2019. "Affordable Housing and City Welfare," CEPR Discussion Papers 13758, C.E.P.R. Discussion Papers.
    19. Edward J. Pinto & Stephen D. Oliner & Morris A. Davis & Tobias Peter, 2018. "The impact of federal housing policy on housing demand and homeownership: Evidence from a quasi-experiment," AEI Economics Working Papers 968223, American Enterprise Institute.
    20. Soyoung Lee, 2023. "The Macroeconomic Effects of Debt Relief Policies During Recessions," Staff Working Papers 23-48, Bank of Canada.
    21. Kim, Jiseob, 2019. "How foreclosure delays impact mortgage defaults and mortgage modifications," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 18-37.
    22. Zhou, Jing, 2022. "Collateral quality and house prices," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
    23. Stijn Claessens & M. Ayhan Kose, 2017. "Asset Prices and Macroeconomic Outcomes: A Survey," CAMA Working Papers 2017-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    24. Piergallini, Alessandro, 2019. "Demographic Change and Real House Prices: A General Equilibrium Perspective," MPRA Paper 112073, University Library of Munich, Germany.
    25. Andrea Eisfeldt & Andrew Demers, 2015. "Total Returns to Single Family Rentals," NBER Working Papers 21804, National Bureau of Economic Research, Inc.
    26. Damianov, Damian S. & Elsayed, Ahmed H., 2018. "On the transmission of spillover risks between the housing market, the mortgage and equity REITs markets, and the stock market," Finance Research Letters, Elsevier, vol. 27(C), pages 193-200.
    27. Patrick Kehoe & Elena Pastorino & Virgiliu Midrigan, 2016. "Debt Constraints and Employment," NBER Working Papers 22614, National Bureau of Economic Research, Inc.
    28. Gregory Bauer, 2014. "International House Price Cycles, Monetary Policy and Risk Premiums," Staff Working Papers 14-54, Bank of Canada.
    29. Yavuz Arslan & Bulent Guler & Burhan Kuruscu, 2020. "Credit supply driven boom-bust cycles," BIS Working Papers 885, Bank for International Settlements.
    30. Yoshida, Jiro, 2016. "Structure Depreciation and the Production of Real Estate Services," HIT-REFINED Working Paper Series 44, Institute of Economic Research, Hitotsubashi University.
    31. Eerola, Essi & Lyytikäinen, Teemu & Ramboer, Sander, 2022. "The impact of mortgage regulation on homeownership and household leverage: Evidence from Finland's LTV reform," Working Papers 148, VATT Institute for Economic Research.
    32. Yoshida, Jiro, 2020. "The economic depreciation of real estate: Cross-sectional variations and their return implications," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    33. Antonakakis, Nikolaos & Floros, Christos, 2016. "Dynamic interdependencies among the housing market, stock market, policy uncertainty and the macroeconomy in the United Kingdom," International Review of Financial Analysis, Elsevier, vol. 44(C), pages 111-122.
    34. André Hoorn, 2017. "Organizational Culture in the Financial Sector: Evidence from a Cross-Industry Analysis of Employee Personal Values and Career Success," Journal of Business Ethics, Springer, vol. 146(2), pages 451-467, December.
    35. Davies, Clementine, 2021. "Financialisation and rental housing: A case study of Berlin," IPE Working Papers 153/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    36. Stephen Malpezzi, 2023. "Housing affordability and responses during times of stress: A preliminary look during the COVID‐19 pandemic," Contemporary Economic Policy, Western Economic Association International, vol. 41(1), pages 9-40, January.
    37. Monika Piazzesi & Martin Schneider & Johannes Stroebel, 2020. "Segmented Housing Search," American Economic Review, American Economic Association, vol. 110(3), pages 720-759, March.
    38. Cóndor Richard, 2019. "Measuring the cost of U.S. housing policy," Working Papers 2019-08, Banco de México.
    39. Ikseon Suh & John T. Sweeney & Kristina Linke & Joseph M. Wall, 2020. "Boiling the Frog Slowly: The Immersion of C-Suite Financial Executives into Fraud," Journal of Business Ethics, Springer, vol. 162(3), pages 645-673, March.
    40. Yu Zhu & Randall Wright & Damien Gaumont, 2017. "Modeling House Prices," 2017 Meeting Papers 744, Society for Economic Dynamics.
    41. Stefano Corradin & José Fillat & Carles Vergara-Alert, 2017. "Portfolio choice with house value misperception," Working Papers 17-16, Federal Reserve Bank of Boston.
    42. Octavio Fernández-Amador & Martin Gächter & Friedrich Sindermann, 2016. "Finance-augmented business cycles: A robustness check," Economics Bulletin, AccessEcon, vol. 36(1), pages 132-144.
    43. Bernardo Alves Furtado, 2022. "PolicySpace2: Modeling Markets and Endogenous Public Policies," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 25(1), pages 1-8.
    44. Oliver Krebs & Michael Pflüger, 2021. "On the Road (Again): Commuting and Local Employment Elasticities in Germany," CESifo Working Paper Series 9190, CESifo.
    45. Charles Ka Yui Leung & Joe Cho Yiu Ng & Edward Chi Ho Tang, 2020. "Why is the Hong Kong housing market unaffordable? Some stylized facts and estimations," ISER Discussion Paper 1081, Institute of Social and Economic Research, The University of Osaka.
    46. Peter Bednarek & Daniel Marcel te Kaat & Chang Ma & Alessandro Rebucci, 2020. "Capital Flows, Real Estate, and Local Cycles: Evidence from German Cities, Banks, and Firms," NBER Working Papers 26820, National Bureau of Economic Research, Inc.
    47. Òscar Jordà & Moritz Schularick & Alan M. Taylor, 2019. "The Total Risk Premium Puzzle," NBER Working Papers 25653, National Bureau of Economic Research, Inc.
    48. Daniel Fehrle, 2018. "Housing and the Business Cycle Revisited," Working Papers 178, Bavarian Graduate Program in Economics (BGPE).
    49. Cóndor Richard, 2021. "Evaluating the Effects of the Home Affordable Modification Program," Working Papers 2021-08, Banco de México.
    50. Arlene Wong, 2021. "Refinancing and The Transmission of Monetary Policy to Consumption," Working Papers 2021-57, Princeton University. Economics Department..
    51. Ismir Mulalic & Holger Rasmussen & Jan Rouwendal & Hans Henrik Woltmann, 2017. "The Financial Crisis and Diverging House Prices: Evidence from the Copenhagen Metropolitan Area," Tinbergen Institute Discussion Papers 17-084/VIII, Tinbergen Institute.
    52. Erik Hurst & Benjamin J. Keys & Amit Seru & Joseph Vavra, 2016. "Regional Redistribution through the US Mortgage Market," American Economic Review, American Economic Association, vol. 106(10), pages 2982-3028, October.
    53. Carlos Garriga & Aaron Hedlund, 2020. "Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession," American Economic Review, American Economic Association, vol. 110(6), pages 1603-1634, June.
    54. Wang, Lei & Li, Shouwei & Wang, Jining & Meng, Yi, 2020. "Real estate bubbles in a bank-real estate loan network model integrating economic cycle and macro-prudential stress testing," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 542(C).
    55. Andreas Fuster & Basit Zafar, 2021. "The Sensitivity of Housing Demand to Financing Conditions: Evidence from a Survey," American Economic Journal: Economic Policy, American Economic Association, vol. 13(1), pages 231-265, February.
    56. Cóndor Richard, 2020. "Shared-Appreciation Mortgages and Uninsurable Idiosyncratic Shocks," Working Papers 2020-11, Banco de México.
    57. Leung, Charles Ka Yui, 2022. "Housing and Macroeconomics," MPRA Paper 115500, University Library of Munich, Germany.
    58. Bertrand Achou & Hippolyte d'Albis & Eleni Iliopulo, 2021. "House prices and rents: a reappraisal," Cahiers de recherche / Working Papers 6, Institut sur la retraite et l'épargne / Retirement and Savings Institute.
    59. Guerrieri, V. & Uhlig, H., 2016. "Housing and Credit Markets," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1427-1496, Elsevier.
    60. Mesly, Olivier & Chkir, Imed & Racicot, François-Éric, 2019. "Predatory cells and puzzling financial crises: Are toxic products good for the financial markets?," Economic Modelling, Elsevier, vol. 78(C), pages 11-31.
    61. Elliot Anenberg & Aurel Hizmo & Edward Kung & Raven S. Molloy, 2017. "Measuring Mortgage Credit Availability : A Frontier Estimation Approach," Finance and Economics Discussion Series 2017-101, Board of Governors of the Federal Reserve System (U.S.).
    62. Gete, Pedro, 2020. "Expectations and the housing boom and bust. An open economy view," Journal of Housing Economics, Elsevier, vol. 49(C).
    63. Zhou, Tingyu & Clapp, John M & Lu-Andrews, Ran, 2021. "Is the behavior of sellers with expected gains and losses relevant to cycles in house prices?," Journal of Housing Economics, Elsevier, vol. 52(C).
    64. Charles Ka Yui Leung, 2017. "Special issue on housing and financial stability: An introduction," Pacific Economic Review, Wiley Blackwell, vol. 22(3), pages 273-275, August.
    65. Bertrand Achou & Hippolyte d'Albis & Eleni Iliopulos, 2021. "Real Estate and Rental Markets during Covid Times," Working Papers halshs-03231807, HAL.
    66. Adam M. Guren & Alisdair McKay & Emi Nakamura & Jón Steinsson, 2020. "Housing Wealth Effects: The Long View," Staff Report 593, Federal Reserve Bank of Minneapolis.
    67. Wang, Shun & Zhou, Weina, 2017. "Family structure and home ownership: Evidence from China," China Economic Review, Elsevier, vol. 46(C), pages 165-179.
    68. Xiaoli, Gan & xiaoyi, Zhang & Xiaoyang, Ma & Khalid, Fahad, 2023. "Impact of financial environment on household risk financial asset selection: A micro perspective," International Review of Economics & Finance, Elsevier, vol. 85(C), pages 137-145.
    69. Leo Kaas & Georgi Kocharkov & Edgar Preugschat & Nawid Siassi, 2021. "Low Homeownership in Germany—a Quantitative Exploration," Journal of the European Economic Association, European Economic Association, vol. 19(1), pages 128-164.
    70. Haroon Mumtaz & Roman Sustek, 2023. "Global house prices since 1950," Discussion Papers 2307, Centre for Macroeconomics (CFM).
    71. M. Dietsch & C. Welter-Nicol, 2014. "Do LTV and DSTI caps make banks more resilient?," Débats Economiques et financiers 13, Banque de France.
    72. Miao Li & Gaoqiang Wu, 2020. "The Impact of Economic Policy Uncertainty on Real Estate Development in China," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(4), pages 1-2.
    73. Chelghoum, Amirouche & Boumimez, Fayçal & Alsamara, Mouyad, 2025. "Factors influencing asymmetries in Saudi Arabia's housing market," The Journal of Economic Asymmetries, Elsevier, vol. 31(C).
    74. Stefano Corradin & Carles Vergara-Alert & Jose Fillat, 2019. "Household Choices with House Value Misperception," 2019 Meeting Papers 1247, Society for Economic Dynamics.
    75. Braun, Benjamin, 2016. "Gross, greed, and ETFs: The case for a microfounded political economy of the investment chain," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 17(3), pages 6-13.
    76. Abdelzaher, Dina & Fernandez, Whitney Douglas & Schneper, William D., 2019. "Legal rights, national culture and social networks: Exploring the uneven adoption of United Nations Global Compact," International Business Review, Elsevier, vol. 28(1), pages 12-24.
    77. Marijn A. Bolhuis & Judd N. L. Cramer, 2020. "The Millennial Boom, the Baby Bust, and the Housing Market," Papers 2003.11565, arXiv.org, revised Aug 2021.
    78. Zhenghui Li & Yan Wang & Yong Tan & Zimei Huang, 2020. "Does Corporate Financialization Affect Corporate Environmental Responsibility? An Empirical Study of China," Sustainability, MDPI, vol. 12(9), pages 1-19, May.
    79. Charles Leung, 2021. "Handbook of Real Estate and Macroeconomics: An Introduction," GRU Working Paper Series GRU_2021_029, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    80. Elliot Anenberg & Aurel Hizmo & Edward Kung & Raven Molloy, 2019. "Measuring mortgage credit availability: A frontier estimation approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(6), pages 865-882, September.
    81. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.
    82. Xiaping Cao & Bihong Huang & Rose Neng Lai, 2018. "The Impact of Exogenous Demand Shock on the Housing Market: Evidence from the Home Purchase Restriction Policy in the People’s Republic of China," ADBI Working Papers 824, Asian Development Bank Institute.

  11. Morris A. Davis & Jonas D. M. Fisher & Marcelo Veracierto, 2013. "Gross Migration, Housing and Urban Population Dynamics," Working Paper Series WP-2013-19, Federal Reserve Bank of Chicago.

    Cited by:

    1. Plamen Nemov, 2015. "Online Appendix to "Regional Reallocation and Housing Markets in a Model of Frictional Migration"," Online Appendices 14-22, Review of Economic Dynamics.
    2. Grey Gordon & Pablo Guerrón-Quintana, 2019. "On Regional Borrowing, Default, and Migration," Working Paper 19-4, Federal Reserve Bank of Richmond.
    3. Grey Gordon & Pablo Guerrón-Quintana, 2021. "Public Debt, Private Pain: Regional Borrowing, Default, and Migration," Working Paper 21-13, Federal Reserve Bank of Richmond.
    4. Greg Howard & Carl Liebersohn, 2018. "The Geography Channel of House Price Appreciation: Did the Decline in Manufacturing Partially Cause the Housing Boom?," 2018 Meeting Papers 925, Society for Economic Dynamics.
    5. Parkhomenko, Andrii, 2016. "Opportunity to Move: Macroeconomic Effects of Relocation Subsidies," MPRA Paper 75256, University Library of Munich, Germany.
    6. Davis, Morris A. & Fisher, Jonas D.M. & Veracierto, Marcelo, 2021. "Migration and urban economic dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    7. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.

  12. S. Boragan Aruoba & Morris A. Davis & Randall Wright, 2012. "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes," NBER Working Papers 18276, National Bureau of Economic Research, Inc.

    Cited by:

    1. Uras, R.B. & Elgin, C., 2014. "Homeownership, Informality and the Transmission of Monetary Policy," Discussion Paper 2014-045, Tilburg University, Center for Economic Research.
    2. Ying Feng & David Lagakos & James E. Rauch, 2018. "Unemployment and Development," NBER Working Papers 25171, National Bureau of Economic Research, Inc.
    3. Ngai, L. Rachel & Sheedy, Kevin D., 2023. "The Ins and Outs of Selling Houses: Understanding Housing-Market Volatility," IZA Discussion Papers 16603, Institute of Labor Economics (IZA).
    4. James B. Bullard, 2014. "The rise and fall of labor force participation in the U.S," Speech 227, Federal Reserve Bank of St. Louis.
    5. Antonio Diez de los Rios, 2020. "A Macroeconomic Model of an Epidemic with Silent Transmission and Endogenous Self-isolation," Staff Working Papers 20-50, Bank of Canada.
    6. Yu Zhu & Randall Wright & Chao He, 2012. "Housing and Liquidity," 2012 Meeting Papers 94, Society for Economic Dynamics.
    7. Carlos Garriga & Finn E. Kydland & Roman Šustek, 2013. "Mortgages and Monetary Policy," Discussion Papers 1306, Centre for Macroeconomics (CFM), revised May 2016.
    8. Venky Venkateswaran & Randall Wright, 2013. "Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity," NBER Chapters, in: NBER Macroeconomics Annual 2013, Volume 28, pages 227-270, National Bureau of Economic Research, Inc.
    9. Stefano Gnocchi & Daniela Hauser & Evi Pappa, 2014. "Housework and Fiscal Expansions," Staff Working Papers 14-34, Bank of Canada.
    10. James B. Bullard, 2014. "The rise and fall of labor force participation in the United States," Review, Federal Reserve Bank of St. Louis, vol. 96(1), pages 1-12.
    11. Koka, Katerina, 2014. "Inflation effects on capital accumulation in a model with residential and non-residential assets," MPRA Paper 113392, University Library of Munich, Germany.
    12. Hotchkiss, Julie L. & Moore, Robert E. & Rios-Avila, Fernando, 2020. "Cost of policy choices: A microsimulation analysis of the impact on family welfare of unemployment and price changes," Journal of Macroeconomics, Elsevier, vol. 63(C).
    13. Bridgman, Benjamin, 2016. "Home productivity," Journal of Economic Dynamics and Control, Elsevier, vol. 71(C), pages 60-76.
    14. Julie L. Hotchkiss & Robert E. Moore & Fernando Rios-Avila, 2017. "Family Welfare and the Cost of Unemployment," FRB Atlanta Working Paper 2017-7, Federal Reserve Bank of Atlanta.
    15. Arman Mansoorian & Leo Michelis, 2016. "Measuring the contribution of durable goods to the welfare cost of inflation," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 49(2), pages 815-833, May.

  13. Morris A. Davis & Jonas D. M. Fisher & Toni M. Whited, 2010. "Macroeconomic implications of agglomeration," Working Paper Series WP-2010-02, Federal Reserve Bank of Chicago.

    Cited by:

    1. Gerald A. Carlino, 2011. "Three keys to the city: resources, agglomeration economies, and sorting," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 1-13.
    2. Lu, Hao & Fan, Yiwei & Jiao, Liudan & Wu, Ya, 2024. "Assessment and spatial effect of urban agglomeration business environments: A case study of two urban agglomerations in China," Socio-Economic Planning Sciences, Elsevier, vol. 92(C).
    3. Guilherme Bandeira & Jordi Caballé & Eugenia Vella, 2018. "Should I stay or should I go? Austerity, unemployment and migration," Working Papers 1839, Banco de España.
    4. Cui, Wenyue, 2025. "Shadow and spillover: The influence of neighboring innovative cities on regional innovation growth," China Economic Review, Elsevier, vol. 90(C).
    5. Pierre-Philippe Combes & Gilles Duranton & Laurent Gobillon, 2021. "The Production Function for Housing: Evidence from France," Post-Print halshs-03342578, HAL.
    6. Wei Tang & Geoffrey J.D. Hewings, 2017. "Do city–county mergers in China promote local economic development?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 25(3), pages 439-469, July.
    7. Huang, Daisy J. & Leung, Charles K. & Qu, Baozhi, 2015. "Do bank loans and local amenities explain Chinese urban house prices?," MPRA Paper 62853, University Library of Munich, Germany.
    8. Patrick Lehnert & Michael Niederberger & Uschi Backes-Gellner & Eric Bettinger, 2020. "Proxying Economic Activity with Daytime Satellite Imagery: Filling Data Gaps Across Time and Space," Economics of Education Working Paper Series 0165, University of Zurich, Department of Business Administration (IBW), revised Sep 2022.
    9. Guilherme Bandeira & Jordi Caballe & Eugenia Vella, 2019. "Fiscal Austerity and Migration: A Missing Link," Working Papers 2019009, The University of Sheffield, Department of Economics.
    10. R Kahn & Toni M Whited, 2018. "Identification Is Not Causality, and Vice Versa," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 7(1), pages 1-21.
    11. Marcelo Veracierto & Jonas Fisher & Morris Davis, 2014. "Gross Migration, Housing and Urban Population Dynamics," 2014 Meeting Papers 324, Society for Economic Dynamics.
    12. Puga, Diego & Duranton, Gilles, 2019. "Urban growth and its aggregate implications," CEPR Discussion Papers 14215, C.E.P.R. Discussion Papers.
    13. Jeffrey Lin, 2011. "Urban productivity advantages from job search and matching," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 9-16.
    14. Cave, Joshua & Lancheros, Sandra, 2024. "Local peer influence on dividend payout decisions," Journal of Banking & Finance, Elsevier, vol. 164(C).
    15. Teulings, Coen & Lange, Rutger-Jan, 2021. "The option value of vacant land: Don't build when demand for housing is booming," CEPR Discussion Papers 16023, C.E.P.R. Discussion Papers.
    16. Wukuang Cun & M. Hashem Pesaran, 2018. "Land Use Regulations, Migration and Rising House Price Dispersion in the U.S," CESifo Working Paper Series 7007, CESifo.
    17. Brinkman, Jeffrey C., 2016. "Congestion, agglomeration, and the structure of cities," Journal of Urban Economics, Elsevier, vol. 94(C), pages 13-31.
    18. Davis, Morris A. & Fisher, Jonas D.M. & Veracierto, Marcelo, 2021. "Migration and urban economic dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    19. Katja Gehr & Michael Pflüger, 2025. "Cities, Aggregate Welfare, and Growth," CESifo Working Paper Series 11716, CESifo.
    20. Cun, Wukuang & Pesaran, M. Hashem, 2022. "A spatiotemporal equilibrium model of migration and housing interlinkages," Journal of Housing Economics, Elsevier, vol. 57(C).
    21. Lange, Rutger-Jan & Teulings, Coen N., 2024. "Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming," Journal of Economic Theory, Elsevier, vol. 215(C).
    22. Herkenhoff, Kyle F. & Ohanian, Lee E. & Prescott, Edward C., 2018. "Tarnishing the golden and empire states: Land-use restrictions and the U.S. economic slowdown," Journal of Monetary Economics, Elsevier, vol. 93(C), pages 89-109.
    23. Jan Eeckhout & Roberto Pinheiro & Kurt Schmidheiny, 2010. "Spatial Sorting: Why New York, Los Angeles and Detroit Attract the Greatest Minds as well as the Unskilled," CESifo Working Paper Series 3274, CESifo.
    24. Gehr, Katja & Pflüger, Michael P., 2023. "The Worth of Cities in Germany," IZA Discussion Papers 16127, Institute of Labor Economics (IZA).
    25. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    26. Carola Frydman & Dimitris Papanikolaou, 2015. "In Search of Ideas: Technological Innovation and Executive Pay Inequality," NBER Working Papers 21795, National Bureau of Economic Research, Inc.
    27. Toni M. Whited & Jake Zhao, 2021. "The Misallocation of Finance," Journal of Finance, American Finance Association, vol. 76(5), pages 2359-2407, October.
    28. Friedt, Felix L. & Toner-Rodgers, Aidan, 2022. "Natural disasters, intra-national FDI spillovers, and economic divergence: Evidence from India," Journal of Development Economics, Elsevier, vol. 157(C).
    29. Basheer Kalash, 2022. "Agglomeration and Technological Specialization," GREDEG Working Papers 2022-04, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    30. Grieser, William & Maturana, Gonzalo & Spyridopoulos, Ioannis & Truffa, Santiago, 2022. "Agglomeration, knowledge spillovers, and corporate investment," Journal of Corporate Finance, Elsevier, vol. 77(C).
    31. Jeffrey Brinkman & Daniele Coen-Pirani & Holger Sieg, 2012. "Estimating a dynamic equilibrium model of firm location choices in an urban economy," Working Papers 12-26, Federal Reserve Bank of Philadelphia.
    32. Dissanayake, Ruchith, 2021. "Geographic distribution of firms and expected stock returns," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    33. Julián Ramajo & Miguel A. Márquez & Geoffrey J. D. Hewings, 2024. "Addressing spatial dependence when estimating technical efficiency: A spatialized data envelopment analysis of regional productive performance in the European Union," Growth and Change, Wiley Blackwell, vol. 55(1), March.
    34. Titman, Sheridan & Zhu, Guozhong, 2024. "City characteristics, land prices and volatility," Journal of Urban Economics, Elsevier, vol. 140(C).

  14. Morris A. Davis & Jonas D. M. Fisher & Marcelo Veracierto, 2010. "The role of housing in labor reallocation," Working Paper Series WP-2010-18, Federal Reserve Bank of Chicago.

    Cited by:

    1. Plamen Nenov, 2013. "Regional Mismatch and Labor Reallocation in an Equilibrium Model of Migration," 2013 Meeting Papers 565, Society for Economic Dynamics.
    2. Greg Kaplan & Sam Schulhofer-Wohl, 2012. "Understanding the Long-Run Decline in Interstate Migration," NBER Working Papers 18507, National Bureau of Economic Research, Inc.
    3. Liu, Zheng & Miao, Jianjun & Zha, Tao, 2016. "Land prices and unemployment," Journal of Monetary Economics, Elsevier, vol. 80(C), pages 86-105.
    4. Gábor Pintér, 2019. "House Prices and Job Losses," The Economic Journal, Royal Economic Society, vol. 129(618), pages 991-1013.
    5. Kyle F. Herkenhoff & Lee E. Ohanian, 2011. "Labor Market Dysfunction During the Great Recession," NBER Working Papers 17313, National Bureau of Economic Research, Inc.

  15. Morris A. Davis & Robert F. Martin, 2008. "Housing, home production, and the equity and value premium puzzles," International Finance Discussion Papers 931, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Gang-Zhi Fan & Ming Pu & Seow Ong, 2012. "Optimal Portfolio Choices, House Risk Hedging and the Pricing of Forward House Transactions," The Journal of Real Estate Finance and Economics, Springer, vol. 45(1), pages 3-29, June.
    2. Nikola Kojucharov & Clyde F. Martin & Robert F. Martin & Lili Xu, 2009. "The subprime mortgage crisis: irrational exuberance or rational error?," Proceedings, Federal Reserve Bank of San Francisco, issue Jan.
    3. Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018. "Macro Aspects of Housing," Globalization Institute Working Papers 340, Federal Reserve Bank of Dallas.
    4. Kwan, Yum K. & Leung, Charles Ka Yui & Dong, Jinyue, 2015. "Comparing consumption-based asset pricing models: The case of an Asian city," Journal of Housing Economics, Elsevier, vol. 28(C), pages 18-41.
    5. Ivan Jaccard, 2010. "Asset Pricing and Housing Supply in a Production Economy," 2010 Meeting Papers 605, Society for Economic Dynamics.
    6. Jaccard Ivan, 2011. "Asset Pricing and Housing Supply in a Production Economy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-40, October.
    7. Wenli Li & Haiyong Liu & Fang Yang & Rui Yao, 2015. "Housing over time and over the life cycle: a structural estimation," Working Papers 15-4, Federal Reserve Bank of Philadelphia.
    8. Charles Ka Yui Leung & Joe Cho Yiu Ng & Edward Chi Ho Tang, 2020. "Why is the Hong Kong housing market unaffordable? Some stylized facts and estimations," ISER Discussion Paper 1081, Institute of Social and Economic Research, The University of Osaka.
    9. Leung, Charles Ka Yui, 2014. "Error correction dynamics of house prices: An equilibrium benchmark," Journal of Housing Economics, Elsevier, vol. 25(C), pages 75-95.
    10. Wenli Li & Fang Yang & Michael Dotsey, 2010. "Consumption and Home Production over the Life Cycle," 2010 Meeting Papers 423, Society for Economic Dynamics.
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    1. Joshua Gallin, 2008. "The Long‐Run Relationship Between House Prices and Rents," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 36(4), pages 635-658, December.
    2. Cronin, David & McQuinn, Kieran, 2017. "Credit conditions and tenure choice: a cross-country examination," Papers WP582, Economic and Social Research Institute (ESRI).
    3. Andrew F. Haughwout & Donghoon Lee & Joseph Tracy & Wilbert Van der Klaauw, 2011. "Real estate investors, the leverage cycle, and the housing market crisis," Staff Reports 514, Federal Reserve Bank of New York.
    4. Frederic S. Mishkin, 2007. "\"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 ," Speech 312, Board of Governors of the Federal Reserve System (U.S.).
    5. McQuinn, Kieran & O' Reilly, Gerard, 2007. "A Model of Cross-Country House Prices," Research Technical Papers 5/RT/07, Central Bank of Ireland.
    6. Frederic S. Mishkin, 2007. "Housing and the Monetary Transmission Mechanism," NBER Working Papers 13518, National Bureau of Economic Research, Inc.
    7. Todd Sinai, 2010. "Feedback Between Real Estate And Urban Economics," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 423-448, February.
    8. Vyacheslav Mikhed & Petr Zemcik, 2007. "Testing for Bubbles in Housing Markets: A Panel Data Approach," CERGE-EI Working Papers wp338, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    9. Bolt, W. & Demertzis, D. & Diks, C.G.H. & Van der Leij, M.J., 2011. "Complex Methods in Economics: An Example of Behavioral Heterogeneity in House Prices," CeNDEF Working Papers 11-12, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    10. McQuinn, Kieran & O'Reilly, Gerard, 2006. "Assessing the Role of Income and Interest Rates in Determining House Prices," Research Technical Papers 15/RT/06, Central Bank of Ireland.

  18. Morris A. Davis & Michael G. Palumbo, 2006. "The price of residential land in large U.S. cities," Finance and Economics Discussion Series 2006-25, Board of Governors of the Federal Reserve System (U.S.).

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    1. Hoon Cho & Kyung-Hwan Kim & James Shilling, 2012. "Seemingly Irrational but Predictable Price Formation in Seoul’s Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 44(4), pages 526-542, May.
    2. d’Amato, Maurizio & Zrobek, Sabina & Renigier Bilozor, Malgorzata & Walacik, Marek & Mercadante, Giuseppe, 2019. "Valuing the effect of the change of zoning on underdeveloped land using fuzzy real option approach," Land Use Policy, Elsevier, vol. 86(C), pages 365-374.
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    4. Bahadir, Berrak & Mykhaylova, Olena, 2014. "Housing market dynamics with delays in the construction sector," Journal of Housing Economics, Elsevier, vol. 26(C), pages 94-108.
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    6. Pierre-Philippe Combes & Gilles Duranton & Laurent Gobillon, 2019. "The Costs of Agglomeration: House and Land Prices in French Cities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(4), pages 1556-1589.
    7. Combes, Pierre-Philippe & Gobillon, Laurent, 2015. "The Empirics of Agglomeration Economies," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 247-348, Elsevier.
    8. Elias Oikarinen & Janne Engblom, 2014. "Regional differences in housing price dynamics: Panel data evidence," Discussion Papers 94, Aboa Centre for Economics.
    9. Jacobsen, Rasmus Højbjerg & Jensen, Svend E. Hougaard & Rebbe, Stephanie Koefoed, 2011. "Husholdningsstrukturen i Danmark under forvandling: Betyder det noget for de offentlige udgifter?," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2011(1), pages 109-125.
    10. Frost, Hans & Andersen, Peder & Hoff, Ayoe, 2011. "An Application of Fisheries Economics Theory – 100 years after Warming’s paper: “Rent of Fishing Grounds”," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2011(1), pages 55-84.
    11. McQuinn, Kieran, 2024. "Residential land prices for the Irish property market: An initial examination," Papers WP778, Economic and Social Research Institute (ESRI).
    12. Meichi Huang, 2013. "Housing bubble implications: The perspective of housing price predictability," Economics Bulletin, AccessEcon, vol. 33(1), pages 586-596.
    13. Rémy Le Boennec & Julie Bulteau & Thierry Feuillet, 2022. "The role of commuter rail accessibility in the formation of residential land values: exploring spatial heterogeneity in peri-urban and remote areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(1), pages 163-186, August.
    14. Gabriel S. Lee & Stefanie Braun, 2021. "Agglomeration Spillover Effects in German Land and House Prices at the City and County Levels," Working Papers 207, Bavarian Graduate Program in Economics (BGPE).
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    16. Codosero Rodas, José Maria & Castanho, Rui Alexandre & Cabezas Fernández, José & Naranjo Gómez, José Manuel, 2020. "Sustainable valuation of land for development. Adding value with urban planning progress. A Spanish case study," Land Use Policy, Elsevier, vol. 92(C).
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    18. Davis, Morris A. & Larson, William D. & Oliner, Stephen D. & Shui, Jessica, 2021. "The price of residential land for counties, ZIP codes, and census tracts in the United States," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 413-431.
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    24. Joseph Gyourko & Jacob Krimmel, 2021. "The Impact of Local Residential Land Use Restrictions on Land Values Across and Within Single Family Housing Markets," NBER Working Papers 28993, National Bureau of Economic Research, Inc.
    25. Davis, Morris A. & Oliner, Stephen D. & Pinto, Edward J. & Bokka, Sankar, 2017. "Residential land values in the Washington, DC metro area: New insights from big data," Regional Science and Urban Economics, Elsevier, vol. 66(C), pages 224-246.
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    39. Allen Head & Amy Hongfei Sun & Chenggang Zhou, 2016. "Default, Mortgage Standards And Housing Liquidity," Working Paper 1359, Economics Department, Queen's University.
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    46. Peter Chinloy & Zhonghua Wu, 2013. "The Inventory-Sales Ratio and Homebuilder Return Predictability," The Journal of Real Estate Finance and Economics, Springer, vol. 46(3), pages 397-423, April.
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    96. Linares Sanchez, Jose, 2020. "Employment Agglomerations and Spatial Mismatch in the Metropolitan Area of Bogota," MPRA Paper 106699, University Library of Munich, Germany.
    97. Nobuhiro Kiyotaki & Alexander Michaelides & Kalin Nikolov, 2010. "Winners and Losers in House Markets," Working Papers 2010-5, Central Bank of Cyprus.
    98. Michael R. Mulhall & Joseph B. Nichols & Stephen D. Oliner, 2010. "Commercial and residential land prices across the United States," Finance and Economics Discussion Series 2010-16, Board of Governors of the Federal Reserve System (U.S.).
    99. MeiChi Huang, 2019. "Risk diversification gains from metropolitan housing assets," Review of Financial Economics, John Wiley & Sons, vol. 37(4), pages 453-481, October.
    100. Joseph DeSalvo & Qing Su, 2017. "Determinants of Urban Sprawl: A Panel Data Approach," Working Papers 0217, University of South Florida, Department of Economics.
    101. Suphanit Piyapromdee, 2017. "The Impact of Immigration on Wages, Internal Migration and Welfare," PIER Discussion Papers 69, Puey Ungphakorn Institute for Economic Research.
    102. David Albouy, 2009. "What Are Cities Worth? Land Rents, Local Productivity, and the Capitalization of Amenity Values," NBER Working Papers 14981, National Bureau of Economic Research, Inc.
    103. Yangfei Xu & Qinghua Zhang & Siqi Zheng & Guozhong Zhu, 2018. "House Age, Price and Rent: Implications from Land-Structure Decomposition," The Journal of Real Estate Finance and Economics, Springer, vol. 56(2), pages 303-324, February.
    104. Desen Lin, 2024. "From vacancy to verdancy? The impact of land options on the timing of vacant lot investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 52(5), pages 1263-1307, September.
    105. Bourassa, Steven C. & Hoesli, Martin & Scognamiglio, Donato & Zhang, Sumei, 2011. "Land leverage and house prices," Regional Science and Urban Economics, Elsevier, vol. 41(2), pages 134-144, March.
    106. Bjørner, Thomas Bue & Mackenhauer, Janne, 2011. "Spillover-effekter af danske virksomheders energiforskning og øvrige forskning," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2011(1), pages 1-24.
    107. Rolheiser, Lyndsey & van Dijk, Dorinth & van de Minne, Alex, 2020. "Housing vintage and price dynamics," Regional Science and Urban Economics, Elsevier, vol. 84(C).
    108. Clapp, John M. & Lindenthal, Thies, 2022. "Urban land valuation with bundled good and land residual assumptions," Journal of Housing Economics, Elsevier, vol. 58(PA).
    109. John M. Clapp & Jeffrey P. Cohen & Cletus C. Coughlin, 2015. "Local Polynomial Regressions versus OLS for Generating Location Value Estimates: Which is More Efficient in Out-of-Sample Forecasts?," Working Papers 2015-14, Federal Reserve Bank of St. Louis.
    110. Belal Fallah & Mark Partridge & M. Olfert, 2012. "Uncertain economic growth and sprawl: evidence from a stochastic growth approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(3), pages 589-617, December.
    111. ÜNsal ÖZdilek, 2011. "Land Value: Seven Major Questions in the Analysis of Urban Land Values," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(1), pages 30-49, January.
    112. Dan S. Rickman & Shane D. Rickman, 2011. "Population Growth In High‐Amenity Nonmetropolitan Areas: What'S The Prognosis?," Journal of Regional Science, Wiley Blackwell, vol. 51(5), pages 863-879, December.
    113. Michael D. Eriksen & Anthony W. Orlando, 2022. "Returns to Scale in Residential Construction: The Marginal Impact of Building Height," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(2), pages 534-564, June.
    114. Bay, Hans, 2011. "Udviklingen i matematik målt i de danske PISA rapporter," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2011(1), pages 126-135.
    115. Eriksen, Michael D. & Orlando, Anthony W., 2024. "A cost decomposition of break-even rents for new multifamily housing development," Journal of Housing Economics, Elsevier, vol. 66(C).
    116. Ge, Xinyu & Li, Xiao-Lin & Zheng, Ling, 2020. "The transmission of financial shocks in an estimated DSGE model with housing and banking," Economic Modelling, Elsevier, vol. 89(C), pages 215-231.
    117. Barr, Jason & Smith, Fred H. & Kulkarni, Sayali J., 2018. "What's Manhattan worth? A land values index from 1950 to 2014," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 1-19.
    118. Zhang, Hewitt & Hu, Yannan & Hu, Bo, 2012. "House-price crash and macroeconomic crisis: a Hong Kong case study," MPRA Paper 35534, University Library of Munich, Germany.
    119. Yunjong Kim & Seungwoo Choi & Mun Yong Yi, 2020. "Applying Comparable Sales Method to the Automated Estimation of Real Estate Prices," Sustainability, MDPI, vol. 12(14), pages 1-19, July.
    120. Tideman, Nicolaus & Plassmann, Florenz, 2018. "The effects of changes in land value on the value of buildings," Regional Science and Urban Economics, Elsevier, vol. 69(C), pages 69-76.
    121. Liu, Crocker H. & Nowak, Adam & Rosenthal, Stuart S., 2016. "Housing price bubbles, new supply, and within-city dynamics," Journal of Urban Economics, Elsevier, vol. 96(C), pages 55-72.
    122. Karen E. Dynan, 2009. "Changing Household Financial Opportunities and Economic Security," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 49-68, Fall.
    123. Wentland, Scott A. & Ancona, Zachary H. & Bagstad, Kenneth J. & Boyd, James & Hass, Julie L. & Gindelsky, Marina & Moulton, Jeremy G., 2020. "Accounting for land in the United States: Integrating physical land cover, land use, and monetary valuation," Ecosystem Services, Elsevier, vol. 46(C).
    124. Ünsal Özdilek, 2020. "Land and building separation based on Shapley values," Palgrave Communications, Palgrave Macmillan, vol. 6(1), pages 1-13, December.
    125. Klaus Desmet & Esteban Rossi-Hansberg, 2012. "Innovation in Space," American Economic Review, American Economic Association, vol. 102(3), pages 447-452, May.
    126. Karl E. Case, 2008. "The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 161-193.
    127. Head, Allen & Sun, Hongfei & Zhou, Chenggang, 2023. "Indebted sellers, liquidity and mortgage standards," European Economic Review, Elsevier, vol. 151(C).
    128. Jacob Ladenburg & Jens Olav Dahlgaard & Ole Bonnichsen, 2010. "Testing the Effect of a Short Cheap Talk Script in Choice Experiments," IFRO Working Paper 2010/11, University of Copenhagen, Department of Food and Resource Economics.
    129. Nicolai V. Kuminoff & Jaren C. Pope, 2013. "The Value of Residential Land and Structures during the Great Housing Boom and Bust," Land Economics, University of Wisconsin Press, vol. 89(1), pages 1-29.
    130. Roland Füss & Jan A. Koller & Alois Weigand, 2021. "Determining Land Values from Residential Rents," Land, MDPI, vol. 10(4), pages 1-29, March.
    131. Feng Yuan & Weiye Xiao & Yehua Dennis Wei, 2023. "Heterogeneous mechanisms of urban land price in China: a perspective of natural restrictions and strategic supply," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.
    132. Meijer, Rick & Buitelaar, Edwin, 2023. "What drives developers? Understanding vertical (dis)integration strategies in the land development process," Land Use Policy, Elsevier, vol. 131(C).

  19. Morris Davis & Robert F. Martin, 2005. "Housing, House Prices, and the Equity Premium Revisited," 2005 Meeting Papers 753, Society for Economic Dynamics.

    Cited by:

    1. Carlos Garriga & Yang Tang & Ping Wang, 2014. "Rural-Urban Migration, Structural Transformation, and Housing Markets in China," Working Papers 2014-28, Federal Reserve Bank of St. Louis.
    2. Eleonora Granziera & Sharon Kozicki, 2012. "House Price Dynamics: Fundamentals and Expectations," Staff Working Papers 12-12, Bank of Canada.
    3. Zhou, Jing, 2022. "Collateral quality and house prices," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
    4. Wenli Li & Rui Yao, 2007. "The Life‐Cycle Effects of House Price Changes," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(6), pages 1375-1409, September.

  20. Morris A. Davis & Robert F. Martin, 2005. "Housing, house prices, and the equity premium puzzle," Finance and Economics Discussion Series 2005-13, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Carlos Garriga & Yang Tang & Ping Wang, 2014. "Rural-Urban Migration, Structural Transformation, and Housing Markets in China," Working Papers 2014-28, Federal Reserve Bank of St. Louis.
    2. Michal Pakoš & Petr Zemcik, 2011. "Housing Services and Volatility Bounds with Real Estate Returns," ERES eres2011_84, European Real Estate Society (ERES).
    3. Eleonora Granziera & Sharon Kozicki, 2012. "House Price Dynamics: Fundamentals and Expectations," Staff Working Papers 12-12, Bank of Canada.
    4. Zhou, Jing, 2022. "Collateral quality and house prices," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
    5. Jonathan Heathcote & Morris Davis, 2004. "The Price and Quantity of Residential Land in the United States," 2004 Meeting Papers 32, Society for Economic Dynamics.
    6. Carroll, Christopher D. & Slacalek, Jiri & Otsuka, Misuzu, 2010. "How large are housing and financial wealth effects? A new approach," Working Paper Series 1283, European Central Bank.
    7. Morris A. Davis & Andreas Lehnert & Robert F. Martin, 2008. "The Rent‐Price Ratio For The Aggregate Stock Of Owner‐Occupied Housing," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 54(2), pages 279-284, June.
    8. Alpanda, Sami & Woglom, Geoffrey, 2007. "The Case Against Power Utility and a Suggested Alternative: Resurrecting Exponential Utility," MPRA Paper 5897, University Library of Munich, Germany.
    9. Wang, Ping & Xie, Danyang, 2014. "Housing Dynamics: Theory Behind Empirics," MPRA Paper 59057, University Library of Munich, Germany.
    10. Wenli Li & Rui Yao, 2007. "The Life‐Cycle Effects of House Price Changes," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(6), pages 1375-1409, September.
    11. Koji Nakamura & Yumi Saita, 2007. "Land Prices and Fundamentals," Bank of Japan Working Paper Series 07-E-8, Bank of Japan.
    12. Davis, Morris A., 2009. "The price and quantity of land by legal form of organization in the United States," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 350-359, May.

  21. Morris A. Davis & Andreas Lehnert & Robert F. Martin, 2005. "The Rent-Price Ratio for the Aggregate Stock of Owner-Occupied Housing," Urban/Regional 0509019, University Library of Munich, Germany.

    Cited by:

    1. Paz-Pardo, Gonzalo, 2021. "Homeownership and portfolio choice over the generations," Working Paper Series 2522, European Central Bank.
    2. Winters, John V., 2009. "Wages and prices: Are workers fully compensated for cost of living differences?," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 632-643, September.
    3. Brian Micallef & Nathaniel Debono, 2020. "The rental sector and the housing block in STREAM," CBM Working Papers WP/03/2020, Central Bank of Malta.
    4. I-Chun Tsai, 2021. "Price Rigidity and Vacancy Rates: The Framing Effect on Rental Housing Markets," The Journal of Real Estate Finance and Economics, Springer, vol. 63(4), pages 547-564, November.
    5. Martin C. Schmalz & David A. Sraer & David Thesmar, 2013. "Housing Collateral and Entrepreneurship," NBER Working Papers 19680, National Bureau of Economic Research, Inc.
    6. Kishor, N. Kundan & Morley, James, 2015. "What factors drive the price–rent ratio for the housing market? A modified present-value analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 235-249.
    7. L. Rachel Ngai & Silvana Tenreyro, 2014. "Hot and Cold Seasons in the Housing Market," American Economic Review, American Economic Association, vol. 104(12), pages 3991-4026, December.
    8. Hertrich Markus, 2019. "A Novel Housing Price Misalignment Indicator for Germany," German Economic Review, De Gruyter, vol. 20(4), pages 759-794, December.
    9. Kim, Jiseob, 2020. "Macroeconomic effects of the mortgage refinance and the home equity lines of credit," Journal of Economic Dynamics and Control, Elsevier, vol. 121(C).
    10. Jonas D. M. Fisher & Martin Gervais, 2011. "Why Has Home Ownership Fallen Among The Young?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(3), pages 883-912, August.
    11. Francesco Ferrante, 2015. "Risky Mortgages, Bank Leverage and Credit Policy," Finance and Economics Discussion Series 2015-110, Board of Governors of the Federal Reserve System (U.S.).
    12. Paolo Gelain & Kevin J. Lansing, 2013. "House prices, expectations, and time-varying fundamentals," Working Paper 2013/05, Norges Bank.
    13. Robert Hill & Iqbal A. Syed, 2012. "Hedonic Price-Rent Ratios, User Cost, and Departures from Equilibrium in the Housing Market," Discussion Papers 2012-45, School of Economics, The University of New South Wales.
    14. Goswami, Gautam & Tan, Sinan & Waisman, Maya, 2014. "Understanding the cross-section of the U.S. housing bubble: The roles of lending, transaction costs, and rent growth," Journal of Financial Stability, Elsevier, vol. 15(C), pages 76-90.
    15. Fève, Patrick & Moura, Alban, 2024. "Frictionless house-price momentum," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    16. Prottoy A. Akbar & Sijie Li Hickly & Allison Shertzer & Randall P. Walsh, 2025. "Racial Segregation in Housing Markets and the Erosion of Black Wealth," The Review of Economics and Statistics, MIT Press, vol. 107(1), pages 42-54, January.
    17. Kristopher Gerardi & Andreas Lehnert & Shane M. Sherlund & Paul Willen, 2008. "Making Sense of the Subprime Crisis," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 69-159.
    18. Pedro Gete, 2015. "Housing demands, savings gluts and current account dynamics," Globalization Institute Working Papers 221, Federal Reserve Bank of Dallas.
    19. Kouwenberg, Roy & Zwinkels, Remco, 2014. "Forecasting the US housing market," International Journal of Forecasting, Elsevier, vol. 30(3), pages 415-425.
    20. Bettina H. Aten, 2017. "Rental equivalence estimates of national and regional housing expenditures," BEA Working Papers 0142, Bureau of Economic Analysis.
    21. Paolo Gelain & Kevin J. Lansing & Caterina Mendicino, 2012. "House prices, credit growth, and excess volatility: implications for monetary and macroprudential policy," Working Paper Series 2012-11, Federal Reserve Bank of San Francisco.
    22. Eleonora Granziera & Sharon Kozicki, 2012. "House Price Dynamics: Fundamentals and Expectations," Staff Working Papers 12-12, Bank of Canada.
    23. Kraft, Holger & Munk, Claus & Weiss, Farina, 2019. "Predictors and portfolios over the life cycle," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 1-27.
    24. Nobuhiro Kiyotaki & Alexander Michaelides & Kalin Nikolov, 2007. "Winners and Losers in Housing Markets," CDMA Conference Paper Series 0705, Centre for Dynamic Macroeconomic Analysis.
    25. Pavan, Marina & Barreda-Tarrazona, Iván, 2020. "Should I default on my mortgage even if I can pay? Experimental evidence," Journal of Economic Dynamics and Control, Elsevier, vol. 110(C).
    26. J. Felipe Córdova & Alejandra Cruces & Sergio Díaz, 2023. "Precios y Holgura en el Mercado de Arriendo: Análisis de Avisos Listados," Working Papers Central Bank of Chile 988, Central Bank of Chile.
    27. Hedlund, Aaron, 2016. "Illiquidity and its discontents: Trading delays and foreclosures in the housing market," Journal of Monetary Economics, Elsevier, vol. 83(C), pages 1-13.
    28. Alejandrina Salcedo & Todd Schoellman & Michèle Tertilt, 2012. "Families as roommates: Changes in U.S. household size from 1850 to 2000," Quantitative Economics, Econometric Society, vol. 3(1), pages 133-175, March.
    29. Paolo Gelain & Kevin J. Lansing & Gisle J. Natvik, 2015. "Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach," Working Paper 2015/11, Norges Bank.
    30. Mark D. Partridge & Dan S. Rickman & Kamar Ali & M. Rose Olfert, 2009. "Recent Spatial Growth Dynamics in Wages and Housing Costs: Proximity to Urban Production Externalities and Consumer Amenities," Economics Working Paper Series 0906, Oklahoma State University, Department of Economics and Legal Studies in Business.
    31. David J. Schwegman & John Yinger, 2020. "The Shifting of the Property Tax on Urban Renters: Evidence from New York State’s Homestead Tax Option," Working Papers 20-43, Center for Economic Studies, U.S. Census Bureau.
    32. Gianni La Cava, 2016. "Housing prices, mortgage interest rates and the rising share of capital income in the United States," BIS Working Papers 572, Bank for International Settlements.
    33. Ogonna Nneji & Chris Brooks & Charles Ward, 2013. "Commercial Real Estate and Equity Market Bubbles: Are They Contagious to REITs?," Urban Studies, Urban Studies Journal Limited, vol. 50(12), pages 2496-2516, September.
    34. Ogonna Nneji & Chris Brooks & Charles Ward, 2011. "Intrinsic and Rational Speculative Bubbles in the U.S. Housing Market 1960-2009," ICMA Centre Discussion Papers in Finance icma-dp2011-01, Henley Business School, University of Reading.
    35. Masanori Kashiwagi, 2014. "Sunspots and Self-Fulfilling Beliefs in the U.S. Housing Market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 654-676, October.
    36. Steven Gjerstad, 2009. "Housing Market Price Tier Movements in an Expansion and Collapse," Working Papers 09-01, Chapman University, Economic Science Institute.
    37. Silvio Contessi & Usa Kerdnunvong, 2015. "Asset Bubbles: Detecting and Measuring Them Are Not Easy Tasks," The Regional Economist, Federal Reserve Bank of St. Louis, issue July.
    38. Ghysels, Eric & Plazzi, Alberto & Valkanov, Rossen & Torous, Walter, 2013. "Forecasting Real Estate Prices," Handbook of Economic Forecasting, in: G. Elliott & C. Granger & A. Timmermann (ed.), Handbook of Economic Forecasting, edition 1, volume 2, chapter 0, pages 509-580, Elsevier.
    39. Ryan Fox & Peter Tulip, 2014. "Is Housing Overvalued?," RBA Research Discussion Papers rdp2014-06, Reserve Bank of Australia.
    40. Thomas Schelkle, 2012. "Mortgage Default during the U.S. Mortgage Crisis," 2012 Meeting Papers 751, Society for Economic Dynamics.
    41. Badi H. Baltagi & Jing Li, 2015. "Cointegration of Matched Home Purchases and Rental Price Indexes - Evidence from Sinpagore," CESifo Working Paper Series 5559, CESifo.
    42. Ge Bao & Guoliang Feng, 2018. "Testing the Dividend Discount Model in Housing Markets: the Role of Risk," The Journal of Real Estate Finance and Economics, Springer, vol. 57(4), pages 677-701, November.
    43. Winters, John V, 2010. "Differences in Quality of Life Estimates Using Rents and Home Values," MPRA Paper 22455, University Library of Munich, Germany.
    44. Lin, Jen-Jia & Cheng, Yu-Chun, 2016. "Access to jobs and apartment rents," Journal of Transport Geography, Elsevier, vol. 55(C), pages 121-128.
    45. Daniel Tortorice, 2015. "Long Run Expectations, Learning and the U.S. Housing Market," Working Papers 85, Brandeis University, Department of Economics and International Business School.
    46. Tsai, I-Chun, 2020. "Alternative explanation of the money illusion: The effect of unexpected low inflation," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 110-123.
    47. Wang, Xiaodan & Li, Keyang & Wu, Jing, 2020. "House price index based on online listing information: The case of China," Journal of Housing Economics, Elsevier, vol. 50(C).
    48. Casey B. Mulligan, 2010. "The Housing Cycle and Prospects for Technical Progress," NBER Working Papers 15971, National Bureau of Economic Research, Inc.
    49. Eli Beracha & Alexandre Skiba & Ken H Johnson, 2017. "Housing Ownership Decision Making in the Framework of Household Portfolio Choice," Journal of Real Estate Research, American Real Estate Society, vol. 39(2), pages 263-288.
    50. Alisdair McKay & Johannes F. Wieland, 2021. "Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy," Staff Report 622, Federal Reserve Bank of Minneapolis.
    51. Nneji, Ogonna & Brooks, Chris & Ward, Charles W.R., 2013. "House price dynamics and their reaction to macroeconomic changes," Economic Modelling, Elsevier, vol. 32(C), pages 172-178.
    52. Waltl, Sofie R., 2018. "Estimating quantile-specific rental yields for residential housing in Sydney," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 204-225.
    53. Jie Chen & Yu Chen & Robert J. Hill & Pei Hu, 2020. "The User Cost of Housing and the Price-Rent Ratio in Shanghai," Graz Economics Papers 2020-19, University of Graz, Department of Economics.
    54. Gete, Pedro, 2020. "Expectations and the housing boom and bust. An open economy view," Journal of Housing Economics, Elsevier, vol. 49(C).
    55. Xiaojin Sun & Kwok Ping Tsang, 2018. "The impact of monetary policy on local housing markets: Do regulations matter?," Empirical Economics, Springer, vol. 54(3), pages 989-1015, May.
    56. Kim, Jiseob & Lim, Taejun, 2021. "Cost-effective mortgage modification program to reduce mortgage defaults," Economic Modelling, Elsevier, vol. 96(C), pages 220-241.
    57. Nobuhiro Kiyotaki & Alexander Michaelides & Kalin Nikolov, 2010. "Winners and Losers in House Markets," Working Papers 2010-5, Central Bank of Cyprus.
    58. Bruce Bradbury, 2008. "Housing wealth as retirement saving: Does the Australian Model Lead to Over-Consumption of Housing?," LWS Working papers 7, LIS Cross-National Data Center in Luxembourg.
    59. Shi, Shuping, 2017. "Speculative bubbles or market fundamentals? An investigation of US regional housing markets," Economic Modelling, Elsevier, vol. 66(C), pages 101-111.
    60. Ogonna Nneji & Charles Ward, 2011. "An investigation of bubble spillovers from the stock market and the residential property market to REITs," ERES eres2011_75, European Real Estate Society (ERES).
    61. Marina Gindelsky & Jeremy G. Moulton & Scott A. Wentland, 2020. "Valuing Housing Services in the Era of Big Data: A User Cost Approach Leveraging Zillow Microdata," NBER Chapters, in: Big Data for Twenty-First-Century Economic Statistics, pages 339-370, National Bureau of Economic Research, Inc.
    62. Christopher L. Foote & Kristopher Gerardi & Paul S. Willen, 2010. "Reasonable people did disagree : optimism and pessimism about the U.S. housing market before the crash," Public Policy Discussion Paper 10-5, Federal Reserve Bank of Boston.
    63. Gallagher, Ryan M., 2016. "The fiscal externality of multifamily housing and its impact on the property tax: Evidence from cities and schools, 1980–2010," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 249-259.
    64. Borys Grochulski & Zhu Wang, 2025. "Two-sided platforms and the 6 percent real estate broker commission," Working Paper 25-05, Federal Reserve Bank of Richmond.
    65. Arnold Katz, 2017. "Imputing Rents to Owner-Occupied Housing by Directly Modelling Their Distribution," BEA Working Papers 0144, Bureau of Economic Analysis.
    66. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    67. Obregon, Carlos, 2018. "Globalization misguided views," MPRA Paper 85813, University Library of Munich, Germany.
    68. Ogonna Nneji & Chris Brooks & Charles Ward, 2011. "Housing and equity bubbles: Are they contagious to REITs?," ICMA Centre Discussion Papers in Finance icma-dp2011-11, Henley Business School, University of Reading.
    69. Aaron Hedlund, 2015. "Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession," Working Papers 1515, Department of Economics, University of Missouri.
    70. Randal Verbrugge & Robert Poole, 2010. "Explaining the Rent–OER Inflation Divergence, 1999–2007," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 38(4), pages 633-657, Winter.
    71. Carlos Garriga & Aaron Hedlund, 2018. "Housing Finance, Boom-Bust Episodes, and Macroeconomic Fragility," 2018 Meeting Papers 354, Society for Economic Dynamics.
    72. Nana Cui & Hengyu Gu & Tiyan Shen & Changchun Feng, 2018. "The Impact of Micro-Level Influencing Factors on Home Value: A Housing Price-Rent Comparison," Sustainability, MDPI, vol. 10(12), pages 1-23, November.
    73. Ivan Jaccard, 2007. "Real Estate Prices in Production Economies," 2007 Meeting Papers 645, Society for Economic Dynamics.
    74. Bjørnar Karlsen Kivedal, 2012. "Testing for rational bubbles in the housing market," Working Paper Series 13312, Department of Economics, Norwegian University of Science and Technology.
    75. Kaizoji, Taisei, 2009. "Root Causes of The Housing Bubble," MPRA Paper 16808, University Library of Munich, Germany.
    76. Goswami, Gautam & Tan, Sinan, 2012. "Pricing the US residential asset through the rent flow: A cross-sectional study," Journal of Banking & Finance, Elsevier, vol. 36(10), pages 2742-2756.
    77. Kraft, Holger & Munk, Claus & Weiss, Farina, 2017. "Predictors and portfolios over the life cycle: Skill vs. luck," SAFE Working Paper Series 139, Leibniz Institute for Financial Research SAFE, revised 2017.

  22. Heathcote, Jonathan & Davis, Morris, 2005. "The Price and Quantity of Residential Land in the United States," CEPR Discussion Papers 5333, C.E.P.R. Discussion Papers.

    Cited by:

    1. Pengfei Wang & Jing Zhou & Jianjun Miao, 2015. "Housing Bubbles and Policy Analysis," 2015 Meeting Papers 1056, Society for Economic Dynamics.
    2. Mathias Hoffmann & Iryna Stewen, 2014. "Holes in the Dike: the global savings glut, U.S. house prices and the long shadow of banking deregulation," ECON - Working Papers 183, Department of Economics - University of Zurich.
    3. d’Amato, Maurizio & Zrobek, Sabina & Renigier Bilozor, Malgorzata & Walacik, Marek & Mercadante, Giuseppe, 2019. "Valuing the effect of the change of zoning on underdeveloped land using fuzzy real option approach," Land Use Policy, Elsevier, vol. 86(C), pages 365-374.
    4. Satyajit Chatterjee & Burcu Eyigungor, 2017. "A Tractable City Model For Aggregative Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 58(1), pages 127-155, February.
    5. Carlos Garriga & Yang Tang & Ping Wang, 2014. "Rural-Urban Migration, Structural Transformation, and Housing Markets in China," Working Papers 2014-28, Federal Reserve Bank of St. Louis.
    6. Díaz, Antonia & Franjo, Luis, 2016. "Capital goods, measured TFP and growth: The case of Spain," European Economic Review, Elsevier, vol. 83(C), pages 19-39.
    7. Odran Bonnet & Guillaume Flamerie de La Chapelle & Alain Trannoy & Etienne Wasmer, 2019. "Secular Trends in Wealth and Heterogeneous Capital: Land is Back... and Should Be Taxed," SciencePo Working papers hal-03570837, HAL.
    8. Diewert, Erwin & Shimizu, Chihiro, 2019. "Residential Property Price Indexes: Spatial Coordinates versus Neighbourhood Dummy Variables," Microeconomics.ca working papers erwin_diewert-2019-11, Vancouver School of Economics, revised 10 Jan 2020.
    9. Kydland, Finn E. & Rupert, Peter & Šustek, Roman, 2014. "Housing dynamics over the business cycle," LSE Research Online Documents on Economics 86334, London School of Economics and Political Science, LSE Library.
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    294. Yang Tang & Ping Wang & Carlos Garriga, 2014. "Rural-Urban Migration, Structural Change, and Housing Markets in China," 2014 Meeting Papers 765, Society for Economic Dynamics.

  24. Morris A. Davis & Michael G. Palumbo, 2001. "A primer on the economics and time series econometrics of wealth effects," Finance and Economics Discussion Series 2001-09, Board of Governors of the Federal Reserve System (U.S.).

    Cited by:

    1. Agnello, Luca & Castro, Vítor & Sousa, Ricardo M., 2012. "How does fiscal policy react to wealth composition and asset prices?," Journal of Macroeconomics, Elsevier, vol. 34(3), pages 874-890.
    2. Alicia H. Munnell & Mauricio Soto, 2008. "The Housing Bubble and Retirement Security," Working Papers, Center for Retirement Research at Boston College wp2008-13, Center for Retirement Research, revised Aug 2008.
    3. Gropp, Reint E. & Krainer, John & Laderman, Elizabeth, 2014. "Did consumers want less debt? Consumer credit demand versus supply in the wake of the 2008-2009 financial crisis," SAFE Working Paper Series 42, Leibniz Institute for Financial Research SAFE.
    4. Ricardo M. Sousa, 2009. "Wealth Effetcs on Consumption: Evidence from the euro area," NIPE Working Papers 12/2009, NIPE - Universidade do Minho.
    5. Atalay, Kadir & Whelan, Stephen & Yates, Judith, 2013. "Housing Wealth and Household Consumption: New Evidence from Australia and Canada," Working Papers 2013-04, University of Sydney, School of Economics.
    6. Claudia R. Sahm & Matthew D. Shapiro & Joel B. Slemrod, 2009. "Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications," NBER Working Papers 15421, National Bureau of Economic Research, Inc.
    7. Iacoviello, Matteo, 2004. "Consumption, house prices, and collateral constraints: a structural econometric analysis," Journal of Housing Economics, Elsevier, vol. 13(4), pages 304-320, December.
    8. Apergis, Nicholas & Bouras, Christos & Christou, Christina & Hassapis, Christis, 2018. "Multi-horizon wealth effects across the G7 economies," Economic Modelling, Elsevier, vol. 72(C), pages 165-176.
    9. Gabe de Bondt & Arne Gieseck & Pablo Herrero & Zivile Zekaite, 2021. "Euro Area Income and Wealth Effects: Aggregation Issues," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(6), pages 1454-1474, December.
    10. Mansor H. Ibrahim & Siong Hook Law, 2013. "Dynamics Of Consumer Expenditure And Stock Market Prices And Uncertainty: Malaysian Evidence," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 58(04), pages 1-17.
    11. Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
    12. Hongyun Han & Fan Si, 2020. "How Does the Composition of Asset Portfolios Affect Household Consumption: Evidence from China Based on Micro Data," Sustainability, MDPI, vol. 12(7), pages 1-17, April.
    13. Gerlach-Kristen, Petra & O'Connell, Brian & O'Toole, Conor, 2013. "How do banking crises affect aggregate consumption? Evidence from international crisis episodes," Papers WP464, Economic and Social Research Institute (ESRI).
    14. Caballero, Ricardo & Simsek, Alp, 2022. "Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect," CEPR Discussion Papers 15163, C.E.P.R. Discussion Papers.
    15. Willman, Alpo, 2003. "Consumption, habit persistence, imperfect information and the lifetime budget constraint," Working Paper Series 251, European Central Bank.
    16. Mr. Norbert Funke, 2002. "Stock Market Developments and Private Consumer Spending in Emerging Markets," IMF Working Papers 2002/238, International Monetary Fund.
    17. Ahec Šonje, Amina & Čeh Časni, Anita & Vizek, Maruška, 2014. "The effect of housing and stock market wealth on consumption in emerging and developed countries," Economic Systems, Elsevier, vol. 38(3), pages 433-450.
    18. Edwin Le Héron, 2008. "Fiscal and Monetary Policies in a Keynesian Stock-flow Consistent Model," Post-Print halshs-00388042, HAL.
    19. Paradiso, Antonio & Casadio, Paolo & Rao, B. Bhaskara, 2012. "US inflation and consumption: A long-term perspective with a level shift," Economic Modelling, Elsevier, vol. 29(5), pages 1837-1849.
    20. Matteo Iacoviello, 2002. "House prices, borrowing constraints and monetary policy in the business cycle," Boston College Working Papers in Economics 542, Boston College Department of Economics, revised 06 Dec 2004.
    21. Peltonen, Tuomas A. & Sousa, Ricardo M. & Vansteenkiste, Isabel S., 2012. "Wealth effects in emerging market economies," International Review of Economics & Finance, Elsevier, vol. 24(C), pages 155-166.
    22. Karen E. Dynan & Douglas W. Elmendorf & Daniel E. Sichel, 2005. "Can financial innovation help to explain the reduced volatility of economic activity?," Finance and Economics Discussion Series 2005-54, Board of Governors of the Federal Reserve System (U.S.).
    23. Fernando Alexandre & Vasco J. Gabriel & Pedro Bação, 2007. "The Consumption-Wealth Ratio Under Asymmetric Adjustment," NIPE Working Papers 15/2007, NIPE - Universidade do Minho.
    24. Stijn Claessens & M. Ayhan Kose, 2017. "Asset Prices and Macroeconomic Outcomes: A Survey," CAMA Working Papers 2017-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    25. Gabe Jacob de Bondt & Arne Gieseck & Zivile Zekaite, 2020. "Thick modelling income and wealth effects: a forecast application to euro area private consumption," Empirical Economics, Springer, vol. 58(1), pages 257-286, January.
    26. Campbell, Sean D. & Davis, Morris A. & Gallin, Joshua & Martin, Robert F., 2009. "What moves housing markets: A variance decomposition of the rent-price ratio," Journal of Urban Economics, Elsevier, vol. 66(2), pages 90-102, September.
    27. Milani, Fabio, 2017. "Learning about the interdependence between the macroeconomy and the stock market," International Review of Economics & Finance, Elsevier, vol. 49(C), pages 223-242.
    28. Milani, Fabio, 2011. "The impact of foreign stock markets on macroeconomic dynamics in open economies: A structural estimation," Journal of International Money and Finance, Elsevier, vol. 30(1), pages 111-129, February.
    29. Ray Barrell & Professor E. Philip Davis, 2004. "Costs of Financial Instability, Household-Sector Balance Sheets and Consumption," National Institute of Economic and Social Research (NIESR) Discussion Papers 243, National Institute of Economic and Social Research.
    30. Márquez, Elena & Martínez-Cañete, Ana R. & Pérez-Soba, Inés, 2013. "Wealth shocks, credit conditions and asymmetric consumption response: Empirical evidence for the UK," Economic Modelling, Elsevier, vol. 33(C), pages 357-366.
    31. Jonathan Heathcote & Morris Davis, 2004. "The Price and Quantity of Residential Land in the United States," 2004 Meeting Papers 32, Society for Economic Dynamics.
    32. Carl D. Lantz & Pierre-Daniel G. Sarte, 2001. "Consumption, savings, and the meaning of the wealth effect in general equilibrium," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 53-71.
    33. Khoon Lek Goh & Richard Downing, 2002. "Modelling New Zealand Consumption Expenditure over the 1990s," Treasury Working Paper Series 02/19, New Zealand Treasury.
    34. Fabian Lindner, 2013. "The Housing Wealth Effect on Consumption Reconsidered," IMK Working Paper 115-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    35. Carroll, Christopher D. & Slacalek, Jiri & Otsuka, Misuzu, 2010. "How large are housing and financial wealth effects? A new approach," Working Paper Series 1283, European Central Bank.
    36. Marco Di Maggio & Amir Kermani & Kaveh Majlesi, 2018. "Stock Market Returns and Consumption," NBER Working Papers 24262, National Bureau of Economic Research, Inc.
    37. Illing, Gerhard & Klüh, Ulrich, 2004. "Vermögenspreise und Konsum," Discussion Papers in Economics 316, University of Munich, Department of Economics.
    38. Barrell, Ray & Costantini, Mauro & Meco, Iris, 2015. "Housing wealth, financial wealth, and consumption: New evidence for Italy and the UK," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 316-323.
    39. Nicholas Apergis & Stephen M. Miller, 2005. "Consumption asymmetry and the stock market: New evidence through a threshold adjustment model," Working papers 2005-08, University of Connecticut, Department of Economics.
    40. Eckhard Hein, 2009. "A (Post-) Keynesian perspective on "financialisation"," IMK Studies 01-2009, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    41. Lise Pichette, 2004. "Are Wealth Effects Important for Canada," Bank of Canada Review, Bank of Canada, vol. 2004(Spring), pages 29-35.
    42. R. Basselier & G. Minne & G. Langenus, 2019. "Why has Belgian private consumption growth been so moderate in recent years?," Economic Review, National Bank of Belgium, issue i, pages 51-67, June.
    43. Bhupal Singh, 2022. "Housing and stock market wealth effects in developing economies," International Economics and Economic Policy, Springer, vol. 19(1), pages 29-49, February.
    44. Monica Paiella, 2004. "Does wealth affect consumption? Evidence for Italy," Temi di discussione (Economic working papers) 510, Bank of Italy, Economic Research and International Relations Area.
    45. Bertrand Garbinti & Pierre Lamarche & Charl lie Lecanu & Frédérique Savignac, 2020. "Wealth effect on consumption during the sovereign debt crisis: Households heterogeneity in the Euro area," Working papers 751, Banque de France.
    46. Monica Paiella, 2009. "The Stock Market, Housing And Consumer Spending: A Survey Of The Evidence On Wealth Effects," Journal of Economic Surveys, Wiley Blackwell, vol. 23(5), pages 947-973, December.
    47. Olympia Bover, 2005. "Wealth effects on consumption: microeconometric estimates from the Spanish survey of household finances," Working Papers 0522, Banco de España.
    48. Vighneswara Swamy, 2022. "Financial wealth effects and consumption expenditure," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 1933-1946, April.
    49. Emmanuel De Veirman & Ashley Dunstan, 2011. "Time-Varying Returns, Intertemporal Substitution and Cyclical Variation in Consumption," CAMA Working Papers 2011-14, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    50. Yener Coskun & Burak Sencer Atasoy & Giacomo Morri & Esra Alp, 2018. "Wealth Effects on Household Final Consumption: Stock and Housing Market Channels," IJFS, MDPI, vol. 6(2), pages 1-32, June.
    51. Eva Sierminska & Yelena Takhtamanova, 2006. "Wealth Effects Out of Financial and Housing Wealth: Cross Country and Age Group Comparisons," LWS Working papers 4, LIS Cross-National Data Center in Luxembourg.
    52. de Bondt, Gabe & Gieseck, Arne & Herrero, Pablo & Zekaite, Zivile, 2019. "Disaggregate income and wealth effects in the largest euro area countries," Research Technical Papers 15/RT/19, Central Bank of Ireland.
    53. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2014. "Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession," CFS Working Paper Series 471, Center for Financial Studies (CFS).
    54. Simone Salotti, 2010. "An appraisal of the wealth effect in the US: evidence from pseudo-panel data," Working Papers - Mathematical Economics 2010-06, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    55. Bruno Eugène & Philippe Jeanfils & Benoît Robert, 2003. "La consommation privée en Belgique," Working Paper Document 39, National Bank of Belgium.
    56. Stephen Millard & John Power, 2004. "The effects of stock market movements on consumption and investment: does the shock matter?," Bank of England working papers 236, Bank of England.
    57. Nicholas Apergis & Stephen M. Miller, 2004. "Consumption Asymmetry and the Stock Market: Further Evidence," Working papers 2004-19, University of Connecticut, Department of Economics.
    58. Mr. Torsten M Sloek & Ms. Hali J Edison, 2001. "Wealth Effects and the New Economy," IMF Working Papers 2001/077, International Monetary Fund.
    59. David B. Cashin & Jamie Lenney & Byron F. Lutz & William B. Peterman, 2017. "Fiscal Policy and Aggregate Demand in the U.S. Before, During and Following the Great Recession," Finance and Economics Discussion Series 2017-061, Board of Governors of the Federal Reserve System (U.S.).
    60. Bhupal Singh, 2012. "How important is the stock market wealth effect on consumption in India?," Empirical Economics, Springer, vol. 42(3), pages 915-927, June.
    61. Swamy, Vighneswara, 2017. "Wealth Effects and Macroeconomic Dynamics – Evidence from Indian Economy," MPRA Paper 76836, University Library of Munich, Germany.
    62. Ludwig Alexander & Sløk Torsten, 2004. "The Relationship between Stock Prices, House Prices and Consumption in OECD Countries," The B.E. Journal of Macroeconomics, De Gruyter, vol. 4(1), pages 1-28, March.
    63. Salotti, Simone, 2009. "Wealth effect in the US: evidence from brand new micro-data," MPRA Paper 17732, University Library of Munich, Germany.
    64. León Navarro, Manuel & Flores de Frutos, Rafael, 2015. "Residential versus financial wealth effects on consumption from a shock in interest rates," Economic Modelling, Elsevier, vol. 49(C), pages 81-90.
    65. David E. Rapach & Jack K. Strauss, 2006. "The long-run relationship between consumption and housing wealth in the Eighth District states," Regional Economic Development, Federal Reserve Bank of St. Louis, issue Oct, pages 140-147.
    66. Nathan Barczi & Martin Lettau & Sydney C. Ludvigson, 2001. "A primer on the economics and time series econometrics of wealth effects: a comment," Staff Reports 131, Federal Reserve Bank of New York.
    67. Vincent Labhard & Gabriel Sterne & Chris Young, 2005. "Wealth and consumption: an assessment of the international evidence," Bank of England working papers 275, Bank of England.
    68. Iacoviello, Matteo & Minetti, Raoul, 2008. "The credit channel of monetary policy: Evidence from the housing market," Journal of Macroeconomics, Elsevier, vol. 30(1), pages 69-96, March.
    69. Salotti, Simone, 2010. "Wealth effect in the US: evidence from the combination of two surveys," MPRA Paper 27352, University Library of Munich, Germany.
    70. Karen E. Dynan & Dean M. Maki, 2001. "Does stock market wealth matter for consumption?," Finance and Economics Discussion Series 2001-23, Board of Governors of the Federal Reserve System (U.S.).
    71. Ludwig, Alexander & Slok, Torsten, 2004. "The relationship between stock prices, house prices and consumption in OECD," Papers 04-12, Sonderforschungsbreich 504.
    72. Christian Dreger & Hans-Eggert Reimers, 2006. "Consumption and disposable income in the EU countries: the role of wealth effects," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 33(4), pages 245-254, September.
    73. Lena T. Cleanthous & Elena C. Eracleous & Nektarios A. Michail, 2019. "Credit, House Prices and the Macroeconomy in Cyprus," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 17(1), pages 33-55.
    74. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    75. Lee, Manjong, 2010. "Carrying cost of money and real effects of denomination structure," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 326-337, March.
    76. Dean M. Maki & Michael G. Palumbo, 2001. "Disentangling the wealth effect: a cohort analysis of household saving in the 1990s," Finance and Economics Discussion Series 2001-21, Board of Governors of the Federal Reserve System (U.S.).
    77. Dimitrios Sideris & Georgia Pavlou, 2021. "Disaggregate income and wealth effects on private consumption in Greece," Working Papers 293, Bank of Greece.
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Articles

  1. Morris A Davis & Andra C Ghent & Jesse Gregory, 2024. "The Work-From-Home Technology Boon and its Consequences," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(6), pages 3362-3401.
    See citations under working paper version above.
  2. Morris A Davis & William D Larson & Stephen D Oliner & Benjamin R Smith, 2023. "A Quarter Century of Mortgage Risk," Review of Finance, European Finance Association, vol. 27(2), pages 581-618.

    Cited by:

    1. William D. Larson & Andrew B. Martinez, 2024. "House Prices, Debt Burdens, and the Heterogeneous Effects of Mortgage Rate Shocks," Working Papers 2024-002, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.

  3. Davis, Morris A. & Fisher, Jonas D.M. & Veracierto, Marcelo, 2021. "Migration and urban economic dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).

    Cited by:

    1. Mbiba, Beacon & Mupfumira, Daisy, 2022. "Rising to the occasion: Diaspora remittances to Zimbabwe during the COVID-19 pandemic," World Development Perspectives, Elsevier, vol. 27(C).
    2. Cun, Wukuang & Pesaran, M. Hashem, 2022. "A spatiotemporal equilibrium model of migration and housing interlinkages," Journal of Housing Economics, Elsevier, vol. 57(C).
    3. Michele Brunetti & Matteo Gomellini & Paolo Croce & paolo Piselli, 2023. "Dynamics of temperatures and economic activity in Italy: a long-term analysis," Questioni di Economia e Finanza (Occasional Papers) 787, Bank of Italy, Economic Research and International Relations Area.
    4. Zhichen Yang & Yuxi Wu & Zilong Ma & Fangfang Wang & Rongjian Chen & Yixuan Wang & Zaoli Tian & Jiali Kuang & Yisen Chen & Aichun Chen, 2024. "Evolution characteristics and influencing factors of information network in Guangdong-Hong Kong-Macao Greater Bay Area," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-21, May.
    5. Titman, Sheridan & Zhu, Guozhong, 2024. "City characteristics, land prices and volatility," Journal of Urban Economics, Elsevier, vol. 140(C).
    6. Jingyi Tian & Jun Nagayasu, 2023. "Financial Systemic Risk behind Artificial Intelligence:Evidence from China," TUPD Discussion Papers 44, Graduate School of Economics and Management, Tohoku University.
    7. Radike, Monika & Zuromskis, Tadas, 2023. "Lithuanian physicians practising abroad: Reasons to leave and conditions to return to Lithuania. A survey," Health Policy, Elsevier, vol. 128(C), pages 75-83.

  4. Davis, Morris A. & Larson, William D. & Oliner, Stephen D. & Shui, Jessica, 2021. "The price of residential land for counties, ZIP codes, and census tracts in the United States," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 413-431.
    See citations under working paper version above.
  5. Morris A. Davis & Jesse Gregory & Daniel A. Hartley & Kegon T. K. Tan, 2021. "Neighborhood effects and housing vouchers," Quantitative Economics, Econometric Society, vol. 12(4), pages 1307-1346, November.
    See citations under working paper version above.
  6. Davis, Morris A. & Oliner, Stephen D. & Peter, Tobias J. & Pinto, Edward J., 2020. "The Impact of Federal Housing Policy on Housing Demand and Homeownership: Evidence from a Quasi-Experiment," Journal of Housing Economics, Elsevier, vol. 48(C).
    See citations under working paper version above.
  7. Davis, Morris A. & Oliner, Stephen D. & Pinto, Edward J. & Bokka, Sankar, 2017. "Residential land values in the Washington, DC metro area: New insights from big data," Regional Science and Urban Economics, Elsevier, vol. 66(C), pages 224-246.
    See citations under working paper version above.
  8. Morris A. Davis & Erwan Quintin, 2017. "On the Nature of Self-Assessed House Prices," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 45(3), pages 628-649, July.

    Cited by:

    1. Alla Koblyakova & Larisa Fleishman & Orly Furman, 2022. "Accuracy of Households’ Dwelling Valuations, Housing Demand and Mortgage Decisions: Israeli Case," The Journal of Real Estate Finance and Economics, Springer, vol. 65(1), pages 48-74, July.
    2. Khorunzhina, Natalia, 2018. "Intratemporal Nonseparability between Housing and Nondurable Consumption: Evidence from Reinvestment in Housing Stock," MPRA Paper 93920, University Library of Munich, Germany, revised 14 May 2019.
    3. David A Keiser & Joseph S Shapiro, 2019. "Consequences of the Clean Water Act and the Demand for Water Quality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(1), pages 349-396.
    4. Stijn Dreesen & Sven Damen, 2023. "The accuracy of homeowners’ valuations in the twenty-first century," Empirical Economics, Springer, vol. 65(1), pages 513-566, July.
    5. Jeremy Kirk, 2024. "The Impact of Parental Resources on Human Capital Investment and Labor Market Outcomes: Evidence from the Great Recession," Working Papers 24-34, Center for Economic Studies, U.S. Census Bureau.
    6. Gallin, Joshua & Molloy, Raven & Nielsen, Eric & Smith, Paul & Sommer, Kamila, 2021. "Measuring aggregate housing wealth: New insights from machine learning ☆," Journal of Housing Economics, Elsevier, vol. 51(C).
    7. Sofie R. Waltl & Anthony Lepinteur, 2025. "Tracking Home-Owners’ Sentiments: Subjective Indices and Convergent Validity," The Journal of Real Estate Finance and Economics, Springer, vol. 70(4), pages 706-734, May.
    8. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.

  9. Boragan Aruoba & Morris Davis & Randall Wright, 2016. "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 105-124, July.
    See citations under working paper version above.
  10. Morris A. Davis & Jonas D. M. Fisher & Toni M. Whited, 2014. "Macroeconomic Implications of Agglomeration," Econometrica, Econometric Society, vol. 82(2), pages 731-764, March.
    See citations under working paper version above.
  11. Morris A. Davis & Francois Ortalo-Magne, 2011. "Household Expenditures, Wages, Rents," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 14(2), pages 248-261, April.
    See citations under working paper version above.
  12. Campbell, Sean D. & Davis, Morris A. & Gallin, Joshua & Martin, Robert F., 2009. "What moves housing markets: A variance decomposition of the rent-price ratio," Journal of Urban Economics, Elsevier, vol. 66(2), pages 90-102, September.

    Cited by:

    1. Brent W. Ambrose & Piet Eichholtz & Thies Lindenthal, 2013. "House Prices and Fundamentals: 355 Years of Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(2‐3), pages 477-491, March.
    2. Rambaccussing, Dooruj, 2015. "Modelling Housing Prices using a Present Value State Space Model," SIRE Discussion Papers 2015-80, Scottish Institute for Research in Economics (SIRE).
    3. Wilko Bolt & Maria Demertzis & Cees Diks & Cars Hommes & Marco van der Leij, 2014. "Identifying Booms and Busts in House Prices under Heterogeneous Expectations," European Economy - Economic Papers 2008 - 2015 540, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    4. Jose Eduardo Gomez-Gonzalez & Sebastian Sanin-Restrepo, 2017. "The Maple Bubble: A History of Migration among Canadian Provinces," Borradores de Economia 992, Banco de la Republica de Colombia.
    5. Andrea Gazzani, 2020. "News and noise bubbles in the housing market," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 46-72, April.
    6. Kholodilin, Konstantin A. & Michelsen, Claus, 2019. "Zehn Jahre nach dem großen Knall: wie ist es um die Stabilität der internationalen Immobilienmärkte bestellt?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 5(1), pages 67-87.
    7. Meichi Huang, 2013. "Housing bubble implications: The perspective of housing price predictability," Economics Bulletin, AccessEcon, vol. 33(1), pages 586-596.
    8. Paraskevi Katsiampa & Kyriaki Begiazi, 2019. "An empirical analysis of the Scottish housing market by property type," Scottish Journal of Political Economy, Scottish Economic Society, vol. 66(4), pages 559-583, September.
    9. Andrew Demers & Andrea L. Eisfeldt, 2022. "Total returns to single‐family rentals," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 50(1), pages 7-32, March.
    10. Tobias Adrian & Daniel M. Covitz & J. Nellie Liang, 2014. "Financial Stability Monitoring," FEDS Notes 2014-08-04, Board of Governors of the Federal Reserve System (U.S.).
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    149. Haroon Mumtaz & Roman Sustek, 2023. "Global house prices since 1950," Discussion Papers 2307, Centre for Macroeconomics (CFM).
    150. Baumann, Michael Heinrich & Janischewski, Anja, 2025. "What are asset price bubbles? A survey on definitions of financial bubbles," MPRA Paper 123676, University Library of Munich, Germany.
    151. Ming-Chu Chiang & I-Chun Tsai, 2016. "Ripple effect and contagious effect in the US regional housing markets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 55-82, January.
    152. Yifan Chen & Jianhua Gang & Zongxin Qian & Jinfan Zhang, 2023. "Rationality test in the housing market: Project‐level evidence from China," Journal of Regional Science, Wiley Blackwell, vol. 63(3), pages 583-616, June.
    153. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    154. Roman Sustek, 2022. "A Back-of-the-Envelope Analysis of House Prices: Czech Republic, 2013-2021," CERGE-EI Working Papers wp737, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    155. Sheridan Titman & Ko Wang & Jing Yang, 2014. "The Dynamics of Housing Prices," NBER Working Papers 20418, National Bureau of Economic Research, Inc.
    156. MeiChi Huang, 2020. "A threshold unobserved components model of housing bubbles: timings and effectiveness of monetary policies," Empirical Economics, Springer, vol. 59(2), pages 887-908, August.
    157. Ming-Chu Chiang & I-Chun Tsai, 2016. "Ripple effect and contagious effect in the US regional housing markets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 55-82, January.
    158. Nai Jia Lee & Tracey N. Seslen & William C. Wheaton, 2015. "Do House Price Levels Anticipate Subsequent Price Changes within Metropolitan Areas?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(3), pages 782-806, September.
    159. Bergman, U. Michael & Sørensen, Peter Birch, 2021. "The interaction of actual and fundamental house prices: A general model with an application to Sweden," Journal of Housing Economics, Elsevier, vol. 54(C).
    160. Xie, Zixiong & Chen, Shyh-Wei & Wu, An-Chi, 2019. "Asymmetric adjustment, non-linearity and housing price bubbles: New international evidence," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    161. Pascal Towbin & Sebastian Weber, 2016. "Price expectations and the US housing boom," Working Papers 2016-06, Swiss National Bank.
    162. Todd M. Sinai, 2012. "House Price Moments in Boom-Bust Cycles," NBER Working Papers 18059, National Bureau of Economic Research, Inc.
    163. Corradin, Stefano & Fillat, José L. & Vergara-Alert, Carles, 2012. "Optimal portfolio choice with predictability in house prices and transaction costs," Working Paper Series 1470, European Central Bank.
    164. Hansen, Jacob H. & Møller, Stig V. & Pedersen, Thomas Q. & Schütte, Christian M., 2024. "House price bubbles under the COVID-19 pandemic," Journal of Empirical Finance, Elsevier, vol. 75(C).
    165. Shizhen Wang & David Hartzell, 2021. "Real Estate Return in Hong Kong and its Determinants: A Dynamic Gordon Growth Model Analysis," International Real Estate Review, Global Social Science Institute, vol. 24(1), pages 113-138.
    166. Sun, Xiaojin & Tsang, Kwok Ping, 2019. "Large price movements in housing markets," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 1-23.
    167. Haozhe Zhang & Yehua Li, 2020. "Unified Principal Component Analysis for Sparse and Dense Functional Data under Spatial Dependency," Papers 2006.13489, arXiv.org, revised Jun 2021.
    168. Christos S. Savva & Nektarios A. Michail, 2017. "Modelling house price volatility states in Cyprus with switching ARCH models," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 11(1), pages 69-82, June.
    169. Thanh Nguyen & Arsenio Staer & Jing Yang, 2024. "Productivity Shocks of Dominant Companies and Local Housing Markets," International Real Estate Review, Global Social Science Institute, vol. 27(2), pages 203-247.
    170. Dieci, Roberto & Westerhoff, Frank, 2015. "Heterogeneous expectations, boom-bust housing cycles, and supply conditions: A nonlinear dynamics approach," BERG Working Paper Series 99, Bamberg University, Bamberg Economic Research Group.
    171. Andrii Parkhomenko, 2018. "The Rise of Housing Supply Regulation in the US: Local Causes and Aggregate Implications," 2018 Meeting Papers 275, Society for Economic Dynamics.
    172. Goodness C. Aye & Rangan Gupta, 2018. "Macroeconomic Uncertainty and the Comovement in Buying versus Renting in the United States," Working Papers 201832, University of Pretoria, Department of Economics.
    173. Anupam Nanda & Stephen L. Ross, 2008. "The Impact of Property Condition Disclosure Laws on Housing Prices: Evidence from an Event Study using Propensity Scores," Working papers 2008-39, University of Connecticut, Department of Economics.
    174. MeiChi Huang & Tzu-Chien Wang, 2015. "Housing-bubble vulnerability and diversification opportunities during housing boom–bust cycles: evidence from decomposition of asset price returns," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(2), pages 605-637, March.
    175. Shikong (Scott) Luo & Jun Ma, 2024. "International Housing Markets and the U.S. Subprime Crisis," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(2-3), pages 647-669, March.
    176. Tang, Yang & Ni, Xinwen, 2019. "Understanding the Role of Housing in Inequality and Social Mobility," IRTG 1792 Discussion Papers 2019-010, Humboldt University of Berlin, International Research Training Group 1792 "High Dimensional Nonstationary Time Series".
    177. Moutzouris, Ioannis C. & Nomikos, Nikos K., 2019. "Earnings yield and predictability in the dry bulk shipping industry," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 125(C), pages 140-159.
    178. Dieckelmann, Daniel & Hempell, Hannah S. & Jarmulska, Barbara & Lang, Jan Hannes & Rusnák, Marek, 2023. "House prices and ultra-low interest rates: exploring the non-linear nexus," Working Paper Series 2789, European Central Bank.
    179. Bauer, Gregory H., 2017. "International house price cycles, monetary policy and credit," Journal of International Money and Finance, Elsevier, vol. 74(C), pages 88-114.
    180. N. Kundan Kishor & James Morley, 2014. "What Factors Drive the Price-Rent Ratio for the Housing Market? A Modified Present-Value Approach," Discussion Papers 2014-20, School of Economics, The University of New South Wales.
    181. Li, Yaoyao & Qi, Yuan & Liu, Licheng & Hou, Yuchen & Fu, Shuya & Yao, Jingtao & Zhu, Daolin, 2022. "Effect of increasing the rental housing supply on house prices: Evidence from China’s large and medium-sized cities," Land Use Policy, Elsevier, vol. 123(C).
    182. Bjørnar Karlsen Kivedal, 2012. "Testing for rational bubbles in the housing market," Working Paper Series 13312, Department of Economics, Norwegian University of Science and Technology.
    183. Jan R. Kim & Gieyoung Lim, 2018. "A look into German housing markets: A bubble call?," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 21(4), pages 289-301, December.
    184. I-Chun Tsai, 2017. "The housing market and excess monetary liquidity in China," Empirical Economics, Springer, vol. 53(2), pages 599-615, September.
    185. Giacoletti, Marco & Parsons, Christopher A., 2022. "Peak-Bust rental spreads," Journal of Financial Economics, Elsevier, vol. 143(1), pages 504-526.
    186. Gazzani, Andrea, 2016. "News and noise in the housing market," Working Paper Series 1933, European Central Bank.
    187. Kaizoji, Taisei, 2009. "Root Causes of The Housing Bubble," MPRA Paper 16808, University Library of Munich, Germany.
    188. Tatiana Mocanu & Pedro Tremacoldi‐Rossi, 2023. "The impact of international students on housing markets," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 647-675, May.
    189. Carlos Garriga & Aaron Hedlund, 2019. "Crises in the Housing Market: Causes, Consequences, and Policy Lessons," Working Papers 2019-33, Federal Reserve Bank of St. Louis.
    190. Kola Akinsomi & Goodness C. Aye & Vassilios Babalos & Fotini Economou & Rangan Gupta, 2014. "Real Estate Returns Predictability Revisited: Novel Evidence from the US REITs Market," Working Papers 201454, University of Pretoria, Department of Economics.
    191. Roman Sustek, 2021. "A back-of-the-envelope analysis of house prices: Czech Republic, 2013-2021," Discussion Papers 2120, Centre for Macroeconomics (CFM).
    192. Marsha J. Courchane & Cynthia Holmes, 2014. "Bubble, Bubble ¡V Is there House Price Trouble -- in Canada?," International Real Estate Review, Global Social Science Institute, vol. 17(1), pages 109-135.
    193. Damen, Sven & Vastmans, Frank & Buyst, Erik, 2016. "The effect of mortgage interest deduction and mortgage characteristics on house prices," Journal of Housing Economics, Elsevier, vol. 34(C), pages 15-29.
    194. Halket, Jonathan & Pignatti Morano di Custoza, Matteo, 2015. "Homeownership and the scarcity of rentals," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 107-123.
    195. Vorada Limjaroenrat, 2017. "Distributional Effects of Monetary Policy on Housing Bubbles: Some Evidence," PIER Discussion Papers 74, Puey Ungphakorn Institute for Economic Research.

  13. Davis, Morris A., 2009. "The price and quantity of land by legal form of organization in the United States," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 350-359, May.

    Cited by:

    1. d’Amato, Maurizio & Zrobek, Sabina & Renigier Bilozor, Malgorzata & Walacik, Marek & Mercadante, Giuseppe, 2019. "Valuing the effect of the change of zoning on underdeveloped land using fuzzy real option approach," Land Use Policy, Elsevier, vol. 86(C), pages 365-374.
    2. Mark Fitzgerald & David J. Hansen & Will McIntosh & Barrett A. Slade, 2020. "Urban Land: Price Indices, Performance, and Leading Indicators," The Journal of Real Estate Finance and Economics, Springer, vol. 60(3), pages 396-419, April.
    3. Hashmat U. Khan & Jean-François Rouillard, 2016. "Household Borrowing Constraints and Residential Investment Dynamics," Cahiers de recherche 16-04, Departement d'économique de l'École de gestion à l'Université de Sherbrooke, revised Nov 2017.
    4. Scott Wentland & Gary Cornwall & Jeremy G. Moulton, 2023. "For What It's Worth: Measuring Land Value in the Era of Big Data and Machine Learning," BEA Papers 0115, Bureau of Economic Analysis.
    5. Jean-François Rouillard, 2013. "International Risk Sharing and Land Dynamics," Cahiers de recherche 13-02, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    6. Czyżewski, Bazyli & Kułyk, Piotr & Kryszak, Łukasz, 2017. "Drivers For Land Value Revisited: Is The Returns Discount Model (RDM) Obsolete In Sustainable Agriculture?," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261270, European Association of Agricultural Economists.
    7. Shangfa Hou & Jiaying Wang & Degui Zhu, 2022. "Has the Newly Imposed Property Tax Controlled Housing Prices? An Analysis of China’s 2009–2020 Interprovincial Panel Data," Sustainability, MDPI, vol. 14(22), pages 1-18, November.
    8. Zhuoma Garang & Cifang Wu & Guan Li & Yuefei Zhuo & Zhongguo Xu, 2021. "Spatio-Temporal Non-Stationarity and Its Influencing Factors of Commercial Land Price: A Case Study of Hangzhou, China," Land, MDPI, vol. 10(3), pages 1-27, March.
    9. Kheir, Nasr & Portnov, Boris A., 2024. "Land market segmentation along ethnic lines: Four urban localities in Israel as a case study," Land Use Policy, Elsevier, vol. 136(C).
    10. Konstantinos Vasilopoulos & William Tayler, 2021. "Real Estate and Construction Sector Dynamics Over the Business Cycle," Working Papers 326919291, Lancaster University Management School, Economics Department.
    11. Cheng-Wen Lee & Shu-Hen Chiang & Zhong-Qin Wen, 2023. "Pursuing the Sustainability of Real Estate Market: The Case of Chinese Land Resources Diversification," Sustainability, MDPI, vol. 15(7), pages 1-19, March.
    12. J. Scott Davis & Kevin X. D. Huang & Ayse Sapci, 2020. "Imperfect substitution in real estate markets and the effect of housing demand on corporate investment," Vanderbilt University Department of Economics Working Papers 20-00002, Vanderbilt University Department of Economics.
    13. William Larson, 2015. "New Estimates of Value of Land of the United States," BEA Working Papers 0120, Bureau of Economic Analysis.
    14. Nichols, Joseph B. & Oliner, Stephen D. & Mulhall, Michael R., 2013. "Swings in commercial and residential land prices in the United States," Journal of Urban Economics, Elsevier, vol. 73(1), pages 57-76.
    15. J. Scott Davis & Kevin X. D. Huang & Ayse Sapci, 2020. "Land Price Dynamics and Macroeconomic Fluctuations with Imperfect Substitution in Real Estate Markets," Globalization Institute Working Papers 401, Federal Reserve Bank of Dallas, revised 18 May 2021.
    16. Michael R. Mulhall & Joseph B. Nichols & Stephen D. Oliner, 2010. "Commercial and residential land prices across the United States," Finance and Economics Discussion Series 2010-16, Board of Governors of the Federal Reserve System (U.S.).
    17. Can Li & Yu Meng & Yingkui Li & Jingfeng Ge & Chaoran Zhao, 2019. "Inter-Metropolitan Land-Price Characteristics and Patterns in the Beijing-Tianjin-Hebei Urban Agglomeration in China," Sustainability, MDPI, vol. 11(17), pages 1-29, August.
    18. Stephen Mak & Lennon Choy & Winky Ho, 2012. "Region-specific Estimates of the Determinants of Real Estate Investment in China," Urban Studies, Urban Studies Journal Limited, vol. 49(4), pages 741-755, March.
    19. Tideman, Nicolaus & Plassmann, Florenz, 2018. "The effects of changes in land value on the value of buildings," Regional Science and Urban Economics, Elsevier, vol. 69(C), pages 69-76.
    20. Selahattin Imrohoroglu, 2023. "Mpk," CIGS Working Paper Series 24-002E, The Canon Institute for Global Studies.
    21. Wentland, Scott A. & Ancona, Zachary H. & Bagstad, Kenneth J. & Boyd, James & Hass, Julie L. & Gindelsky, Marina & Moulton, Jeremy G., 2020. "Accounting for land in the United States: Integrating physical land cover, land use, and monetary valuation," Ecosystem Services, Elsevier, vol. 46(C).

  14. Davis, Morris A. & Martin, Robert F., 2009. "Housing, home production, and the equity- and value-premium puzzles," Journal of Housing Economics, Elsevier, vol. 18(2), pages 81-91, June.
    See citations under working paper version above.
  15. Davis, Morris A. & Palumbo, Michael G., 2008. "The price of residential land in large US cities," Journal of Urban Economics, Elsevier, vol. 63(1), pages 352-384, January.
    See citations under working paper version above.
  16. Morris A. Davis & Andreas Lehnert & Robert F. Martin, 2008. "The Rent‐Price Ratio For The Aggregate Stock Of Owner‐Occupied Housing," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 54(2), pages 279-284, June.
    See citations under working paper version above.
  17. Morris A. Davis & François Ortalo-Magné & Peter Rupert, 2007. "What’s really going on in housing markets?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jul.

    Cited by:

    1. Veronica Guerrieri & Daniel Hartley & Erik Hurst, 2010. "Endogenous gentrification and housing price dynamics," Working Papers (Old Series) 1008, Federal Reserve Bank of Cleveland.

  18. Davis, Morris A. & Heathcote, Jonathan, 2007. "The price and quantity of residential land in the United States," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2595-2620, November.
    See citations under working paper version above.
  19. Morris A. Davis & E. Michael Foster, 2005. "A Stochastic Dynamic Model Of The Mental Health Of Children," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 837-866, August.

    Cited by:

    1. Gilleskie, Donna, 2010. "Work absences and doctor visits during an illness episode: The differential role of preferences, production, and policies among men and women," Journal of Econometrics, Elsevier, vol. 156(1), pages 148-163, May.
    2. Vu, Xuan-Binh (Benjamin) & Biswas, Raaj Kishore & Khanam, Rasheda & Rahman, Maisha, 2018. "Mental health service use in Australia: The role of family structure and socio-economic status," Children and Youth Services Review, Elsevier, vol. 93(C), pages 378-389.

  20. Morris A. Davis & Jonathan Heathcote, 2005. "Housing And The Business Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 751-784, August.
    See citations under working paper version above.

Software components

    Sorry, no citations of software components recorded.

Chapters

  1. Davis, Morris A. & Van Nieuwerburgh, Stijn, 2015. "Housing, Finance, and the Macroeconomy," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 753-811, Elsevier.
    See citations under working paper version above.
  2. Morris A. Davis, 2010. "housing and the business cycle," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
    See citations under working paper version above.Sorry, no citations of chapters recorded.

Books

  1. Davis,Morris A., 2009. "Macroeconomics for MBAs and Masters of Finance," Cambridge Books, Cambridge University Press, number 9780521762472, Enero-Abr.

    Cited by:

    1. Leung, Charles Ka Yui & Tang, Edward Chi Ho, 2014. "Availability, Affordability and Volatility: the case of Hong Kong Housing Market," MPRA Paper 58770, University Library of Munich, Germany.

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