Bubbly booms and welfare
We show the competing effects of a housing bubble on the real economy by developing a multi-sector dynamic model with housing production. On the one hand, firms can sell or collateralize their housing, so a housing bubble helps firms obtain credit to finance their investment and expand production. O...
Saved in:
| Main Authors: | , , |
|---|---|
| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2024
|
| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soe_research/2739 https://ink.library.smu.edu.sg/context/soe_research/article/3738/viewcontent/SSRN_id4502993.pdf |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|
| 機構: | Singapore Management University |
| 語言: | English |