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Kristopher Gerardi1, Paul Willen2, David Hao Zhang3
1Federal Reserve Bank of Atlanta, United States of America; 2Federal Reserve Bank of Boston, United States of America; 3Harvard Business School, United States of America
Discussant: Daniel Ruf (Goethe Universität Frankfurt am Main)
Inferring Expectations from Observables: Evidence from the Housing Market
Itzhak Ben-David1,2, Pascal Towbin3, Sebastian Weber4
1Fisher College of Business, The Ohio State University, United States of America; 2National Bureau of Economic Research, United States of America; 3Swiss National Bank, Switzerland; 4International Monetary Fund, United States of America