Financial crisis in the U.S. Housing market: Difference between revisions
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=== Project: === | |||
Credit-network model of the U.S. Housing market | Credit-network model of the U.S. Housing market | ||
=== Objective: === | |||
To develop a model that explores the salient dynamics of the real estate credit crisis in the US. | To develop a model that explores the salient dynamics of the real estate credit crisis in the US. | ||
=== Motivation: === | |||
[[image:US house prices 2008.gif]] | [[image:US house prices 2008.gif]] | ||
=== Approach: === | |||
A three- sector model of heterogeneous interacting agents (HIA) consisting of a credit-network of banks, firms and households. | A three- sector model of heterogeneous interacting agents (HIA) consisting of a credit-network of banks, firms and households. | ||
=== Credit-Network Structure: === | |||
[[image:Mortatge credit structure.png]] | [[image:Mortatge credit structure.png]] | ||
=== Resources === | |||
This American Life did a radio piece on this very recently [http://www.thisamericanlife.org/Radio_Episode.aspx?episode=355 show link] | |||
Revision as of 13:54, 14 June 2008
Project:
Credit-network model of the U.S. Housing market
Objective:
To develop a model that explores the salient dynamics of the real estate credit crisis in the US.
Motivation:
Approach:
A three- sector model of heterogeneous interacting agents (HIA) consisting of a credit-network of banks, firms and households.
Credit-Network Structure:
Resources
This American Life did a radio piece on this very recently show link