EconomicsMedicine

N. Mankiw, David N. Weil, Gregory Mankiw

1989.5.1REGIONAL SCIENCE AND URBAN ECONOMICS

DOI: 10.1016/0166-0462(89)90005-7

tlooto Summary

A theoretical model, a variation of the Poterba model, suggests that fluctuations in prices caused by changes in demand are not foreseen by the market, even though they are predictable in principle 20 years in advance.

Abstract

Abstract is not available.

Citation format

MANKIW, N.; WEIL, David N.; MANKIW, Gregory. The baby boom, the baby bust, and the housing market. REGIONAL SCIENCE AND URBAN ECONOMICS, 1989, 19 2: 235–58.