Author/Editor: Pau Rabanal, Christopher W. Crowe, Giovanni Dell'Ariccia, Deniz Igan.

Release Date:April, 2011

The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under which a more active policy agenda on more...

Author/Editor: Christopher W. Crowe.

Release Date:March, 2009

The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical more...