Lasse Pedersen

Suggest Changes
Learn More
  • Markus K. Brunnermeiery, Christian Julliardz, +18 authors Haibin Zhu
  • 2005
A reduction in in‡ation can fuel run-ups in housing prices if people su¤er from money illusion. For example, investors who decide whether to rent or buy a house by simply comparing monthly rent and(More)