Home price dynamics: A behavioural economy?

Housing is a hot topic for economists, sparking numerous lively debates. Many of these address the vexed question of price: its micro-economic foundations and its macro-economic effects. Notwithstanding significant achievements, however, economics has struggled to account for home price dynamics usi...

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Bibliographic Details
Main Author: Smith, Susan
Format: Journal Article
Published: Routledge 2011
Online Access:http://hdl.handle.net/20.500.11937/53583
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author Smith, Susan
author_facet Smith, Susan
author_sort Smith, Susan
building Curtin Institutional Repository
collection Online Access
description Housing is a hot topic for economists, sparking numerous lively debates. Many of these address the vexed question of price: its micro-economic foundations and its macro-economic effects. Notwithstanding significant achievements, however, economics has struggled to account for home price dynamics using tried and tested tools. At the same time, other disciplines, ostensibly well placed to contribute, have tended to stand back. As the analytical task becomes more urgent, this paper considers the scope for rapprochement. Can cross-disciplinary alliances help establish whether housing markets are driven by hidden hands, animal spirits or some other financial intelligence?. © 2011 Copyright Taylor and Francis Group, LLC.
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spelling curtin-20.500.11937-535832018-05-01T06:05:16Z Home price dynamics: A behavioural economy? Smith, Susan Housing is a hot topic for economists, sparking numerous lively debates. Many of these address the vexed question of price: its micro-economic foundations and its macro-economic effects. Notwithstanding significant achievements, however, economics has struggled to account for home price dynamics using tried and tested tools. At the same time, other disciplines, ostensibly well placed to contribute, have tended to stand back. As the analytical task becomes more urgent, this paper considers the scope for rapprochement. Can cross-disciplinary alliances help establish whether housing markets are driven by hidden hands, animal spirits or some other financial intelligence?. © 2011 Copyright Taylor and Francis Group, LLC. 2011 Journal Article http://hdl.handle.net/20.500.11937/53583 10.1080/14036096.2011.599179 Routledge restricted
spellingShingle Smith, Susan
Home price dynamics: A behavioural economy?
title Home price dynamics: A behavioural economy?
title_full Home price dynamics: A behavioural economy?
title_fullStr Home price dynamics: A behavioural economy?
title_full_unstemmed Home price dynamics: A behavioural economy?
title_short Home price dynamics: A behavioural economy?
title_sort home price dynamics: a behavioural economy?
url http://hdl.handle.net/20.500.11937/53583