The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Why do national trends in house prices spread more to some cities than to others? This paper proposes an explanation of house price contagion based on migration spillovers…
Frederick Abernathy, John Dunlop, David Weil, William Apgar, Kermit Baker, Rachel Roth
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February 28, 2004
W04-3: The past several years have seen dramatic changes in the distribution of residential building products, particularly as it relates to dealers serving homebuilders…