Fr. 156.00

Housing and Mortgage Markets in Historical Perspective

English · Hardback

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Description

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The role of the housing market in the recent recession raised questions about similar episodes in economic history. Were the underlying causes of housing and mortgage crises the same in earlier episodes? This volume provides context for understanding events by examining how historical housing and mortgage markets worked - and sometimes failed.

About the author

Eugene N. White is professor of economics at Rutgers University and a research associate of the NBER. Kenneth Snowden is associate professor of economic history at the University of North Carolina at Greensboro and a research associate of the NBER. Price Fishback is the Frank and Clara Kramer Professor of Economics at the University of Arizona and a research associate of the NBER.

Summary

The role of the housing market in the recent recession raised questions about similar episodes in economic history. Were the underlying causes of housing and mortgage crises the same in earlier episodes? This volume provides context for understanding events by examining how historical housing and mortgage markets worked - and sometimes failed.

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