Irrational Exuberance in the U.S. Housing Market : Were Evangelicals Left Behind?

Were Evangelicals Left Behind?

Irrational Exuberance in the U.S. Housing Market : Were Evangelicals Left Behind?
The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that may be less prone to speculative motives, and uncover a significant negative relationship between their population share and house... READ MORE...

Publication date: March 2009
ISBN 9781451872040
$18.00

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