Journal of Financial Economic Policy: Volume 3 Issue 1

Homeownership: yesterday, today and tomorrow

Steve Swidler

The American Dream and homeownership are sometimes thought of as one and the same. A belief that homeownership is vital to the fabric of a vibrant society has led to government…

The financial crisis: imperfect markets and imperfect regulation

Richard J. Buttimer

This paper seeks to examine the role that regulation and regulatory agencies played in the creating of the subprime mortgage market, and the subsequent crash of the mortgage…

Recession and housing wealth

Beverley Searle

The purpose of this paper is to explore the changing role of housing wealth from an investment vehicle to a welfare resource. It also considers the implications of economic…

Flips, flops and foreclosures: anatomy of a real estate bubble

Craig A. Depken, Harris Hollans, Steve Swidler

This paper aims to examine the anatomy of a real estate bubble. In the process, the paper identifies three phases of the market's evolution: flips, flops and foreclosures. An…

Home equity insurance

Dag Einar Sommervoll, Gavin Wood

This paper aims to study to what extent an insurance based on a house price index provides equity protection for homeowners.

What drives “green housing” construction? Evidence from Switzerland

Marco Salvi, Juerg Syz

Switzerland boasts arguably the highest density of green properties in the world. In 2008, more than 15 percent of total new construction received the Swiss energy building label…

A new company descriptor takes us into a new era

Rebecca Marsh