Steven D Gjerstad: 1 book
Rethinking Housing Bubbles
The Role of Household and Bank Balance Sheets in Modeling Economic Cycles
Language: English
Release Date: May 12, 2014
In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith analyze the role of housing and its associated mortgage financing as a key element of economic cycles. The authors combine data from both laboratory and real markets to provide insight into the bubble propensity...
