The Journal of Finance · 1972 · 78 citations · 10 references
Social SciencesEconomicsHousingHousing DemandHousing EconomicsHousing MarketsHousing SupplyHousing Market ModelsHousing Price DynamicsMarket Disequilibrium
The housing and mortgage markets have long been considered to be markets that may not always be in equilibrium, and many econometric models of the housing and mortgage markets have tried in one way or another to account for disequilibrium effects. In this paper a critique of previous models of the housing
10
Methods of Estimation for Markets in Disequilibrium
Ray C. Fair, Dwight M. Jaffee · Econometrica · 1972 · 500 citations
Determinants of Investment Behavior.
A Model of the Canadian Housing and Mortgage Markets
Lawrence B. Smith · Journal of Political Economy · 1969 · 76 citations
Business, Economics, Real Estate +14
A Short-run Forecasting Model of the United States Economy.
Gordon Fisher, Ray C. Fair · The Economic Journal · 1973 · 63 citations