Date-stamping US housing market explosivity
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'In this paper, the authors set out to date-stamp periods of US housing price explosivity for the period 1830–2013. They make use of several robust techniques that allow them to identify such periods by determining when prices start to exhibit explosivity with respect to its past behaviour and when it recedes to long term stable prices. The first technique used  is  the  Generalized  sup  ADF  (GSADF)  test  procedure  developed  by  Phillips,  Shi, and Yu (Testing for Multiple Bubbles: Historical Episodes of Exuberance and Collapse in  the  S&P  500,  2013),  which  allows  the  recursive  identification  of  multiple  periods of  price  explosivity.  The  second  approach  makes  use  of  Robinson’s  (Efficient  Test  of Nonstationary Hypotheses, 1994) test statistic, comparing the null of a unit root process against the alternative of' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Bubble","Explosivity","GSADF","Random Walk","Recursive process","Structural breaks"]} <|eot_id|>
 Here is the Description of a dataset. Description:'In this paper, the authors set out to date-stamp periods of US housing price explosivity for the period 1830–2013. They make use of several robust techniques that allow them to identify such periods by determining when prices start to exhibit explosivity with respect to its past behaviour and when it recedes to long term stable prices. The first technique used  is  the  Generalized  sup  ADF  (GSADF)  test  procedure  developed  by  Phillips,  Shi, and Yu (Testing for Multiple Bubbles: Historical Episodes of Exuberance and Collapse in  the  S&P  500,  2013),  which  allows  the  recursive  identification  of  multiple  periods of  price  explosivity.  The  second  approach  makes  use  of  Robinson’s  (Efficient  Test  of Nonstationary Hypotheses, 1994) test statistic, comparing the null of a unit root process against the alternative of' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
In this paper, the authors set out to date-stamp periods of US housing price explosivity for the period 1830–2013. They make use of several robust techniques that allow them to identify such periods by determining when prices start to exhibit explosivity with respect to its past behaviour and when it recedes to long term stable prices. The first technique used  is  the  Generalized  sup  ADF  (GSADF)  test  procedure  developed  by  Phillips,  Shi, and Yu (Testing for Multiple Bubbles: Historical Episodes of Exuberance and Collapse in  the  S&P  500,  2013),  which  allows  the  recursive  identification  of  multiple  periods of  price  explosivity.  The  second  approach  makes  use  of  Robinson’s  (Efficient  Test  of Nonstationary Hypotheses, 1994) test statistic, comparing the null of a unit root process against the alternative of
Bubble; Explosivity; GSADF; Random Walk; Recursive process; Structural breaks