Should we tax vacant dwellings? A search equilibrium model applied to the rental housing market

This article examines the effects of a tax on vacant dwellings. I use a search equilibrium model in which the distribution of rent is the result of the owners’ posting strategy. I show that this tax reduces the number of vacant dwellings and increases the average rent.

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Year of publication:	2012
Authors:	Ménard, Sébastien
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 1, p. 88-90
Publisher:	Elsevier
Subject:	Housing market \| Rent distribution \| Search equilibrium \| matching

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Type of publication:	Article
Classification:	C78 - Bargaining Theory; Matching Theory ; D83 - Search, Learning, Information and Knowledge ; R21 - Housing Demand
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010580472