Testing for Bubbles in the Colombian Housing Market: A New Approach

Testing for Bubbles in the Colombian Housing Market: A New Approach

In the context of financial crises influenced by the development and burst of housing price bubbles, the detection of exuberant behaviors in the financial market and the implementation of early warning diagnosis tests are of vital importance. This paper applies the bubble-detection methodology devel...

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Bibliographic Details
Main Authors: José E. Gómez-González, Jair N. Ojeda-Joya, Catalina Rey-Guerra, Natalia Sicard
Format: Article
Language:English
Published: Universidad de los Andes (Bogotá) 2015-08-01
Series:Desarrollo y Sociedad
Subjects:
Housing-price bubbles
unit-root tests
asset pricing
Colombia
Online Access:https://economia.uniandes.edu.co/publicaciones/revista-desarrollo-y-sociedad/no-75/testing-for-bubbles-in-the-colombian-housing-market-a-new-approach

Internet

https://economia.uniandes.edu.co/publicaciones/revista-desarrollo-y-sociedad/no-75/testing-for-bubbles-in-the-colombian-housing-market-a-new-approach

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