Employing an agent-based model of the Spanish housing market, this paper explores the
main drivers behind the large amplitude of the Spanish house price cycle—as compared to …

We integrate a plausible expectation formation and learning scheme of boundedly rational
investors into a standard user cost housing market model, involving a rental and a housing …

We introduce heterogeneous expectations in a standard housing market model linking
housing rental levels to fundamental buying prices. Using quarterly data we estimate the …

We propose a novel housing market model to explore the effectiveness of rent control. Our
model reveals that the expectation formation and learning behavior of boundedly rational …

The paper provides a framework for theorising the role of house price cycles in national
growth models. We synthesise Minskyan approaches with comparative political economy …

We use a time-varying parameter dynamic factor model with stochastic volatility estimated
using Bayesian methods to disentangle the relative importance of the common component …

Research in modelling housing market dynamics using agent-based models (ABMs) has
grown due to the rise of accessible individual-level data. This research involves forecasting …

This work studies the impact of Foreign Direct Investment and portfolio flows on house prices
of emerging market economies using a static factors panel VARX model. The results show …

This research aimed at the empirical estimation of the monetary determinants of house
prices in the Czech Republic, Hungary, Poland, and Romania. The application of quarterly …

This research aimed at the empirical estimation of the monetary determinants of house
prices in the Czech Republic, Hungary, Poland, and Romania. The application of quarterly …