Arrested development: theory and evidence of supply-side speculation in the housing market

Charles G. Nathanson and Eric Zwick
Conditionally accepted, Journal of Finance

Speculation reverses the common intuition that elastic housing supply attenuates house price booms.

Speculative dynamics of prices and volume

Anthony A. DeFusco, Charles G. Nathanson, and Eric Zwick

Volume cycles in bubbles due to the entry and exit of short-term investors, who sell frequently.

directed attention and non-parametric learning

Ian Dew-Becker and Charles G. Nathanson

An optimal boundedly rational model captures low-frequency but not high-frequency dynamics of income.

multi-frequency trade

Nicolas Crouzet, Ian Dew-Becker, and Charles G. Nathanson

Short-term traders profit off of long-term traders in the short run, while long-term traders profit off of short-term traders in the long run.