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What moves housing markets: A variance decomposition of the rent–price ratio
16 references·16 citing·39 second hopsampled
What moves housing markets: A variance decomposition of the rent–price ratio (2009)What moves housing markets: A variance de…Negative equity and foreclosure: Theory and evidence (2008)Negative equity and foreclosu…Housing and Monetary Policy (2007)Housing and Monetary PolicyWhat Explains the Stock Market's Reaction to Federal Reserve Policy? (2005)What Explains the Stock Marke…Assessing High House Prices: Bubbles, Fundamentals and Misperceptions (2005)Assessing High House Prices: …What Drives Firm‐Level Stock Returns? (2002)What Drives Firm‐Level Stock …Owner-Occupied Housing and the Composition of the Household Portfolio (2002)Owner-Occupied Housing and th…Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options (2000)Mortgage Terminations, Hetero…What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns (1993)What Moves the Stock and Bond…Vacancy, Search, and Prices in a Housing Market Matching Model (1990)Vacancy, Search, and Prices i…A VARIANCE DECOMPOSITION FOR STOCK RETURNS (1990)A VARIANCE DECOMPOSITION FOR …The Efficiency of the Market for Single-Family Homes (1988)The Efficiency of the Market …The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)The Dividend-Price Ratio and …Stock prices, earnings, and expected dividends (1988)Stock prices, earnings, and e…Stock Prices, Earnings, and Expected Dividends (1988)Stock Prices, Earnings, and E…Is the Real Interest Rate Stable? (1988)Is the Real Interest Rate Sta…The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1986)The Dividend-Price Ratio and …Flattening the curve: Pandemic-Induced revaluation of urban real estate (2021)Flattening the curve: Pandemi…An extrapolative model of house price dynamics (2017)An extrapolative model of hou…Housing and Macroeconomics (2016)Housing and MacroeconomicsClimate Change and Long-Run Discount Rates: Evidence from Real Estate (2015)Climate Change and Long-Run D…Very Long-Run Discount Rates * (2014)Very Long-Run Discount Rates *Forecasting Real Estate Prices (2013)Forecasting Real Estate PricesSearch and matching in the housing market (2012)Search and matching in the ho…Housing Liquidity, Mobility, and the Labour Market (2012)Housing Liquidity, Mobility, …Real Estate Investors, the Leverage Cycle, and the Housing Market Crisis (2011)Real Estate Investors, the Le…Predictability of Returns and Cash Flows (2011)Predictability of Returns and…Why Has House Price Dispersion Gone Up? (2010)Why Has House Price Dispersio…The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium (2010)The Macroeconomic Effects of …The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium (2010)The Macroeconomic Effects of …Household expenditures, wages, rents (2010)Household expenditures, wages…Expected Returns and Expected Growth in Rents of Commercial Real Estate (2010)Expected Returns and Expected…THE RENT‐PRICE RATIO FOR THE AGGREGATE STOCK OF OWNER‐OCCUPIED HOUSING (2008)THE RENT‐PRICE RATIO FOR THE …Rational herding in financial economics (1996)Is There a Bubble in the Housing Market? (2003)Distance and Private Information in Lending (2010)Short- Term Interest Rates as Predictors of Inflation (2021)The baby boom, the baby bust, and the housing market (1989)Household Risk Management and Optimal Mortgage Choice (2003)OWNER-OCCUPIED HOUSING AS A HEDGE AGAINST RENT RISK (2003)Optimal life cycle asset allocation : understanding the empirical evidence (2005)Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints∗ (2015)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Testing for a Unit Root in Time Series Regression (1988)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)A five-factor asset pricing model (2014)Loss Aversion and Seller Behavior: Evidence from the Housing Market (2001)Chapter 49 Evidence on the nature and sources of agglomeration economies (2004)Housing supply and housing bubbles (2008)Credit Booms and Lending Standards: Evidence from the Subprime Mortgage Market (2012)Credit Supply and the Price of Housing (2015)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Does the Stock Market Overreact? (1985)Investor Psychology and Asset Pricing (2001)The Efficient Market Hypothesis and Its Critics (2003)Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Business conditions and expected returns on stocks and bonds (1989)An Empirical Analysis of Stock and Bond Market Liquidity (2004)Stock Market Uncertainty and the Stock-Bond Return Relation (2005)Risk, Return, and Equilibrium: Empirical Tests (1973)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Industry Concentration and Average Stock Returns (2003)Market Reactions to Tangible and Intangible Information (2006)How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements (2004)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Uncertainty about Government Policy and Stock Prices (2012)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Presidential Address: Discount Rates (2011)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1988The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors3,784 cited
  • 1988Stock Prices, Earnings, and Expected Dividends2,457 cited
  • 1986The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors2,425 cited
  • 2005What Explains the Stock Market's Reaction to Federal Reserve Policy?2,382 cited
  • 1988The Efficiency of the Market for Single-Family Homes1,828 cited
  • 1990A VARIANCE DECOMPOSITION FOR STOCK RETURNS1,822 cited
  • 2005Assessing High House Prices: Bubbles, Fundamentals and Misperceptions1,051 cited
  • 2002What Drives Firm‐Level Stock Returns?1,003 cited
  • 1993What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns892 cited
  • 2002Owner-Occupied Housing and the Composition of the Household Portfolio832 cited
  • 2000Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options794 cited
  • 1990Vacancy, Search, and Prices in a Housing Market Matching Model733 cited
  • 2007Housing and Monetary Policy595 cited
  • 1988Stock prices, earnings, and expected dividends567 cited
  • 2008Negative equity and foreclosure: Theory and evidence560 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1988Is the Real Interest Rate Stable?489 cited
  • Cited by

    • 2010Household expenditures, wages, rents353 cited
    • 2017An extrapolative model of house price dynamics309 cited
    • 2012Search and matching in the housing market277 cited
    • 2014Very Long-Run Discount Rates *261 cited
    • 2008THE RENT‐PRICE RATIO FOR THE AGGREGATE STOCK OF OWNER‐OCCUPIED HOUSING243 cited
    • 2010Why Has House Price Dispersion Gone Up?243 cited
    • 2021Flattening the curve: Pandemic-Induced revaluation of urban real estate236 cited
    • 2011Real Estate Investors, the Leverage Cycle, and the Housing Market Crisis225 cited
    • 2010The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium216 cited
    • 2010The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium215 cited
    • 2010Expected Returns and Expected Growth in Rents of Commercial Real Estate204 cited
    • 2016Housing and Macroeconomics200 cited
    • 2011Predictability of Returns and Cash Flows199 cited
    • 2013Forecasting Real Estate Prices187 cited
    • 2015Climate Change and Long-Run Discount Rates: Evidence from Real Estate183 cited
    • 2012Housing Liquidity, Mobility, and the Labour Market170 cited