[position in research by date] [position in research by subject]

"Disequilibrium in Housing Models," Journal of Finance, 1972.

Paper: pdf file

This papers outlines a general model of housing and mortgage markets based on the housing and mortgage model in my overall forecasting model--see Chapter 8 in 1971#5--and then critiques a number of other models within this framework. The stress is on disequilibrium issues, which were an important part of the housing and mortgage markets at this time.