Person
Rob Axtell
Discussion paper
An agent-based model of the housing market bubble in metropolitan Washington, D.C.
Several independent datasets concerning household behavior in the Washington, D.C. metropolitan area are combined to create an agent-based model of the recent housing market bubble and its aftermath. Comprehensive data on housing stock attributes, primarily from local government sources, are used as input to the model, as are administratively-complete data on household characteristics. Data covering...