Student or educator? Sign up with your school email and get 6 months of Pro free.
CoChat
Sign Up
Cited by 375

The DOI matches its Crossref record; 29 of the 29 references it cites were found in a registry or an index.

Understanding Booms and Busts in Housing Markets

Burnside, Craig, Eichenbaum, Martin, Rebelo, Sergio·2016·Journal of Political Economy
DOI 10.1086/686732
Open this paper in CoChat — free account

Abstract

Some booms in housing prices are followed by busts. Others are not. It is generally difficult to find observable fundamentals that are useful for predicting whether a boom will turn into a bust or not. We develop a model consistent with these observations. Agents have heterogeneous expectations about long-run fundamentals but change their views because of “social dynamics.” Agents with tighter priors are more likely to convert others to their beliefs. Boom-bust episodes typically occur when skeptical agents happen to be correct. The booms that are not followed by busts typically occur when optimistic agents happen to be correct.

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.1086/686732

Cites

29 of 29 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 29 references

Cited by

See all 375

Metadata

Authors
Burnside, C., Eichenbaum, M., & Rebelo, S.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
2016-08
Volume
124
Issue
4
Pages
1088-1147
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/686732
OpenAlex
W3125812377
Cited by
375
References
29
FWCI
76.74
Type
journal article
Language
en
Open access
closed

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

How to cite

Cite CoChat for the checks on this page, and the paper for its own findings.

This page
CoChat. (2026). Citation check: Understanding Booms and Busts in Housing Markets. https://app.cochat.ai/papers/10.1086/686732
The paper
Burnside, C., Eichenbaum, M., & Rebelo, S. (2016). Understanding Booms and Busts in Housing Markets. Journal of Political Economy. https://doi.org/10.1086/686732

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.