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Housing bubbles: what are their causes and can we get rid of them?

In: Financial Cycles and the Real Economy

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  • Paul van den Noord

Abstract

What is the link between the financial cycle – financial booms, followed by busts – and the real economy? What is the direction of this link and how salient is this connection? This unique book examines these fundamental questions and offers a paramount contribution to the debate surrounding the recent financial and economic crisis.

Suggested Citation

  • Paul van den Noord, 2014. "Housing bubbles: what are their causes and can we get rid of them?," Chapters, in: Ewald Nowotny & Doris Ritzberger-Grünwald & Peter Backé (ed.), Financial Cycles and the Real Economy, chapter 11, pages 185-196, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15914_11
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    References listed on IDEAS

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    1. James M. Poterba, 1984. "Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 729-752.
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