Details about Karl E. Case

This author is deceased (2016-07-15).

Access statistics for papers by Karl E. Case.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pca484

Working Papers

2015

1. What Have They Been Thinking" Home Buyer Behavior in Hot and Cold Markets -- A 2014 Update
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (3)

2013

2. Wealth Effects Revisited: 1975-2012
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2012) View citations (17)
   See also Journal Article Wealth Effects Revisited 1975-2012, Critical Finance Review, now publishers (2013) View citations (77) (2013)

2012

3. Comparing Wealth Effects: The Stock Market versus The Housing Market
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (56)
   Also in Berkeley Program on Housing and Urban Policy, Working Paper Series, Berkeley Program on Housing and Urban Policy (2005) View citations (665)
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2001) View citations (128)
   Economics Working Papers, University of California at Berkeley (2001) View citations (279)
   Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (2001) View citations (129)
   NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (136)
   See also Journal Article Comparing Wealth Effects: The Stock Market versus the Housing Market, The B.E. Journal of Macroeconomics, De Gruyter (2005) View citations (712) (2005)
4. What Have They Been Thinking" Home Buyer Behavior in Hot and Cold Markets
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (115)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (118)
   See also Journal Article What Have They Been Thinking? Homebuyer Behavior in Hot and Cold Markets, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2012) View citations (193) (2012)

2011

5. Housing risk and return: Evidence from a housing asset-pricing model
   Papers, arXiv.org View citations (11)
   Also in Working Papers, Geary Institute, University College Dublin (2010) View citations (4)
6. Wealth Effects Revisited 1978-2009
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2011) View citations (12)

2009

7. How Housing Busts End: Home Prices, User Cost, and Rigidities During Down Cycles
   Berkeley Program on Housing and Urban Policy, Working Paper Series, Berkeley Program on Housing and Urban Policy View citations (4)

2008

8. How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks Through Financial Markets
   Berkeley Program on Housing and Urban Policy, Working Paper Series, Berkeley Program on Housing and Urban Policy View citations (39)
   See also Journal Article How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks through Financial Markets, European Journal of Housing Policy, Taylor and Francis Journals (2008) View citations (42) (2008)

2003

9. Home-buyers, Housing and the Macroeconomy
   Berkeley Program on Housing and Urban Policy, Working Paper Series, Berkeley Program on Housing and Urban Policy View citations (28)
   See also Chapter Home-buyers, Housing and the Macroeconomy, RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2003) View citations (29) (2003)

1995

10. Housing Price Dynamics Within a Metropolitan Area
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Working Papers, Federal Reserve Bank of Boston (1995) View citations (8)
    See also Journal Article Housing price dynamics within a metropolitan area, Regional Science and Urban Economics, Elsevier (1996) View citations (80) (1996)
11. Mortgage Default Risk and Real Estate Prices: The Use of Index-Based Futures and Options in Real Estate
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1995) View citations (11)
12. School Quality, Local Budgets, and Property Values: A Re-Examination of Capitalization
    Working Papers, Wellesley College - Department of Economics View citations (1)
13. The Housing Cycle in Massachusetts Cities and Towns: The Boom, the Bust and the Recovery
    Working Papers, Wellesley College - Department of Economics

1991

14. Index-Based Futures and Options Markets in Real Estate
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (27)

1990

15. Forecasting Prices and Excess Returns in the Housing Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (234)
    See also Journal Article Forecasting Prices and Excess Returns in the Housing Market, Real Estate Economics, American Real Estate and Urban Economics Association (1990) View citations (240) (1990)

1988

16. The Behavior of Home Buyers in Boom and Post-Boom Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (129)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1988) View citations (132)
    See also Journal Article The behavior of home buyers in boom and post-boom markets, New England Economic Review, Federal Reserve Bank of Boston (1988) View citations (144) (1988)
17. The Efficiency of the Market for Single-Family Homes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (169)
    See also Journal Article The Efficiency of the Market for Single-Family Homes, American Economic Review, American Economic Association (1989) View citations (806) (1989)

1987

18. Prices of Single Family Homes Since 1970: New Indexes for Four Cities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (250)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1987) View citations (270)
    See also Journal Article Prices of single-family homes since 1970: new indexes for four cities, New England Economic Review, Federal Reserve Bank of Boston (1987) View citations (264) (1987)

Journal Articles

2013

1. Wealth Effects Revisited 1975-2012
   Critical Finance Review, 2013, 2, (1), 101-128 View citations (77)
   See also Working Paper Wealth Effects Revisited: 1975-2012, NBER Working Papers (2013) View citations (77) (2013)

2012

2. What Have They Been Thinking? Homebuyer Behavior in Hot and Cold Markets
   Brookings Papers on Economic Activity, 2012, 43, (2 (Fall)), 265-315 View citations (193)
   See also Working Paper What Have They Been Thinking" Home Buyer Behavior in Hot and Cold Markets, Cowles Foundation Discussion Papers (2012) View citations (115) (2012)

2008

3. A Response to Guerrien and Benicourt
   Review of Radical Political Economics, 2008, 40, (3), 331-335
4. How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks through Financial Markets
   European Journal of Housing Policy, 2008, 8, (2), 161-180 View citations (42)
   See also Working Paper How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks Through Financial Markets, Berkeley Program on Housing and Urban Policy, Working Paper Series (2008) View citations (39) (2008)
5. Musgrave’s vision of the public sector: the complex relationship between individual, society and state in public good theory
   Journal of Economics and Finance, 2008, 32, (4), 348-355 View citations (4)
6. The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear?
   Brookings Papers on Economic Activity, 2008, 39, (2 (Fall)), 161-193 View citations (27)

2006

7. The changing housing market: a bang or a whimper?
   New England Public Policy Center Policy Brief, 2006

2005

8. Comparing Wealth Effects: The Stock Market versus the Housing Market
   The B.E. Journal of Macroeconomics, 2005, 5, (1), 34 View citations (712)
   See also Working Paper Comparing Wealth Effects: The Stock Market versus The Housing Market, Department of Economics, Working Paper Series (2012) View citations (56) (2012)

2003

9. Is There a Bubble in the Housing Market?
   Brookings Papers on Economic Activity, 2003, 34, (2), 299-362 View citations (636)

2002

10. Home price appreciation in low- and moderate-income markets
    Communities and Banking, 2002, (Spr), 8-12 View citations (5)
11. Reconsidering Crucial Concepts in Micro Principles
    American Economic Review, 2002, 92, (2), 454-458 View citations (2)

2001

12. Property tax limits, local fiscal behavior, and property values: evidence from Massachusetts under Proposition
    Journal of Public Economics, 2001, 80, (2), 287-311 View citations (62)

2000

13. Real Estate and Macroeconomy
    Brookings Papers on Economic Activity, 2000, 31, (2), 119-162 View citations (56)

1999

14. Teaching Undergraduate Economics: A Handbook for Instructors By William Walstad and Phillip Saunders. Burr Ridge, IL: Irwin/McGraw‐Hill, 1998. Pp. x, 368. $34.00
    Southern Economic Journal, 1999, 65, (4), 970-972

1998

15. Chasing good schools in Massachusetts
    Regional Review, 1998, 8, (Q 3), 25-26
16. School quality and Massachusetts enrollment shifts in the context of tax limitations
    New England Economic Review, 1998, (Jul), 3-20 View citations (6)

1996

17. Housing price dynamics within a metropolitan area
    Regional Science and Urban Economics, 1996, 26, (3-4), 387-407 View citations (80)
    See also Working Paper Housing Price Dynamics Within a Metropolitan Area, NBER Working Papers (1995) View citations (10) (1995)

1995

18. The housing cycle in Eastern Massachusetts: variations among cities and towns
    New England Economic Review, 1995, (Mar), 24-40 View citations (6)

1994

19. A decade of boom and bust in the prices of single-family homes: Boston and Los Angeles, 1983 to 1993
    New England Economic Review, 1994, (Mar), 40-51 View citations (19)

1993

20. 1ère table ronde: Les portefeuilles institutionnels immobiliers, comparaisons internationales
    Revue d'Économie Financière, 1993, 3, (1), 477-483
21. Le cycle de l'immobilier et l'économie: Conséquences dans l'État du Massachusetts de 1984-1987
    Revue d'Économie Financière, 1993, 3, (1), 261-277
22. Une décennie de boom et d'effondrement des prix immobiliers: Boston et Los Angeles, 1983-1993
    Revue d'Économie Financière, 1993, 3, (1), 389-408

1992

23. How the commercial real estate boom undid the banks
    Conference Series ; [Proceedings], 1992, 36, 57-113 View citations (7)
24. TAXES AND SPECULATIVE BEHAVIOR IN LAND AND REAL ESTATE MARKETS
    Review of Urban & Regional Development Studies, 1992, 4, (2), 226-239 View citations (4)
25. The Real Estate Cycle and the Economy: Consequences of the Massachusetts Boom of 1984-87
    Urban Studies, 1992, 29, (2), 171-183 View citations (5)
    Also in New England Economic Review, 1991, (Sep), 37-46 (1991) View citations (3)

1991

26. Property Tax Incidence in a Multijurisdictional Neoclassical Model
    Public Finance Review, 1991, 19, (4), 379-392 View citations (9)

1990

27. Forecasting Prices and Excess Returns in the Housing Market
    Real Estate Economics, 1990, 18, (3), 253-273 View citations (240)
    See also Working Paper Forecasting Prices and Excess Returns in the Housing Market, NBER Working Papers (1990) View citations (234) (1990)
28. Retrospective of the 1980s
    New England Economic Indicators, 1990, (Q I), iv-xi

1989

29. Geographic patterns of mortgage lending in Boston, 1982-1987
    New England Economic Review, 1989, (Sep), 3-30 View citations (8)
30. The Asset Approach to Pricing Urban Land: Empirical Evidence
    Real Estate Economics, 1989, 17, (2), 175-176 View citations (6)
31. The Efficiency of the Market for Single-Family Homes
    American Economic Review, 1989, 79, (1), 125-37 View citations (806)
    See also Working Paper The Efficiency of the Market for Single-Family Homes, NBER Working Papers (1988) View citations (169) (1988)
32. The distributional effects of housing price booms: winners and losers in Boston, 1980-88
    New England Economic Review, 1989, (May), 3-12 View citations (4)

1988

33. The behavior of home buyers in boom and post-boom markets
    New England Economic Review, 1988, (Nov), 29-46 View citations (144)
    See also Working Paper The Behavior of Home Buyers in Boom and Post-Boom Markets, NBER Working Papers (1988) View citations (129) (1988)

1987

34. Prices of single-family homes since 1970: new indexes for four cities
    New England Economic Review, 1987, (Sep), 45-56 View citations (264)
    See also Working Paper Prices of Single Family Homes Since 1970: New Indexes for Four Cities, NBER Working Papers (1987) View citations (250) (1987)

1986

35. The market for single-family homes in the Boston area
    New England Economic Review, 1986, (May), 38-48 View citations (24)

1985

36. Macro Simulations for PCs in the Classroom
    American Economic Review, 1985, 75, (2), 85-90

1974

37. The Distribution of Fiscal Burdens and Benefits
    Public Finance Review, 1974, 2, (3), 259-311 View citations (17)

Chapters

2003

1. Home-buyers, Housing and the Macroeconomy
   A chapter in Asset Prices and Monetary Policy, 2003 View citations (29)
   See also Working Paper Home-buyers, Housing and the Macroeconomy, Berkeley Program on Housing and Urban Policy (2003) View citations (28) (2003)

1994

2. Land Prices and House Prices in the United States
   A chapter in Housing Markets in the United States and Japan, 1994, pp 29-48 View citations (5)