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Momentum traders in a search model of the housing market

Martin Schneider and Monika Piazzesi
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Monika Piazzesi: Stanford

No 1266, 2009 Meeting Papers from Society for Economic Dynamics

Abstract: This paper studies a search model of the housing market to show how heterogeneity of beliefs affect house prices and trading volume.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed009:1266

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More papers in 2009 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
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