Charles Himmelberg
Biographic Data
| ID | 1471091 |
|---|---|
| NAME | Charles Himmelberg |
| GIVEN NAMES | Charles |
| FAMILY NAME | Himmelberg |
| SIGNATURE | HIMMELBERG C |
| AFFILIATIONS | Senior Economist, Federal Reserve Bank of New York, New York, New York. |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 45 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2005 |
| H-INDEX | 1 |
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Assessing High House Prices: Bubbles, Fundamentals and Misperceptions
How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices-both whether there is a bubble and what underlying factors support housing demand-in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reas…
Econometrics (1 works) · Economic theories and models (1 works) · Economics (1 works) · Financial Literacy, Pension, Retirement Analysis (1 works) · House price (1 works) · Housing Market and Economics (1 works) · Microeconomics (1 works) · Renting (1 works) · Supply and demand (1 works)