The Housing Boom and Bust: Model Meets Evidence

Greg Kaplan, Kurt Mitman, Giovanni L. Violante

NBER Working Paper No. 23694
Issued in August 2017

---- Acknowledgments ----

We thank numerous seminar participants and discussants for useful comments. In particular, we are grateful to David Berger, James Cloyne, Joao Cocco, Nobu Kiyotaki, Ralph Luetticke, Jochen Mankart, Pontus Rendahl, Pietro Riechlin, Chris Sims, Amir Sufi, Harald Uhlig, and Stijn Van Nieuwerburgh. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Greg Kaplan ----

• My primary employer is University of Chicago

• During the last three years, the following institutions have paid me or given me research grants valued cumulatively at more than $5000:

o Reserve Bank of Australia

o Brookings Institution

o National Science Foundation

o Sloan Foundation

o University of New South Wales

o United States Soccer Federation

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