Mar 4, 20215 minExtrapolation and House Price Cyclesby Michael Hatcher Empirical evidence shows that house price busts are less frequent than equity price busts, but last about twice as...
Dec 11, 20194 minStock Markets and the EconomyMichael Hatcher - A major challange for macroeconomics is to model the linkages between financal markets and the economy...
Nov 15, 20184 minDo Expectations Drive Big Events?Michael Hatcher - A key distinction between economies and physical systems, like the weather, is that economies consist of individuals who